With an intention of making service sector more competitive, the government is working on reform measures in areas like legal and healthcare and is soon expected to come out with a Cabinet note for this. Towards this development, the government, couple of years ago had created inter-ministerial entity for identifying and working on reforms which are required in various service areas in terms of legislation, practice, procedures, etc. Presently, it is rolling out consultation at the inter-ministerial level and committee of secretaries and would finally take it to the logical Cabinet decision.
Notably, though India has implemented several free trade agreements in goods and services, but services exports still face issues related with mutual recognition agreements. Also, foreign professionals in legal and accountancy services have been barred to work in India.
While, the government continues to work on healthcare and education sector, its stand on the issue of multi brand retail remains pretty clear since there are no proposal for waiting for the government response.