CURRENT AFFAIRS

Detailed explanation-1: -Notes: India’s services industry expanded at the fastest rate in over eleven years in June 2022 amid strong demand. The S&P Global India Services Purchasing Managers’ Index rose to 59.2 in June, its highest since April 2011.

Detailed explanation-2: -Healthcare Sector In addition, India’s hospital sector contributes 80% of the healthcare industry and is projected to increase by 16-17% to $132.84 billion by 2022. It is, without a doubt, one of the fastest-growing sectors in India.

Detailed explanation-3: -Industries like consulting and accounting which are based on services have shown exponential growth rates while sectors such as transport & logistics (which rely upon physical assets) have actually seen less than expected demand during this period.

Detailed explanation-4: -9.4 As per the first advance estimates, Gross Value Added (GVA) of services sector is estimated to grow by 8.2 per cent in 2021-22.

Detailed explanation-5: -NEW DELHI: The Indian media and entertainment industry is among the fastest growing media industries in the world and is projected to reach $100 billion by 2030, Apurva Chandra, secretary, ministry of information and broadcasting (MIB), said on Tuesday.