The services sector is expected to accelerate its growth to 3.6 percent in fiscal year 2023-24, according to the Annual Plan 2023-24 unveiled here on Friday.
The envisaged growth in the commodity producing sectors will complement the targeted growth in the services sector.
“Uptick in the economic activity in agriculture and manufacturing sectors will translate into increased growth in wholesale and retail, trade and transport, storage and communications”, it added.
Moreover, the tourism industry is expected to gain momentum and generate socio-economic dividends that will have trickle down the effect on retail trade, hotels and restaurants.—APP
