NITI Aayog report outlines a four-pronged strategy to improve the efficiency and output of Indias professional services sector
Mumbai, Aug. 17 -- NITI Aayog has released a report assessing India's regulatory framework for professional services and benchmarking it against select foreign jurisdictions, with the aim of identifying challenges and policy measures to strengthen the sector and unlock the potential of India's skilled workforce. Professional services account for nearly one-fourth of India's total services exports, according to the report. As knowledge-intensive, high-value activities, professional services contribute to downstream services, employment generation and remittance inflows, while playing a significant role in the broader services value chain. The report emphasises that a better understanding of the regulatory ecosystem is essential for unlocki...
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