Commerce and Industry Minister Piyush Goyal has said India’s services sector has huge potential to generate job opportunities and push country’s Gross Domestic Product (GDP) growth. He suggested that the ministry, state and industry body Confederation of Indian Industry (CII) can work on some kind of policies and enablers to push the growth of 12 champion sectors being identified by the government. He added that these sectors include accounting, finance, media, entertainment, information technology, health, legal, transport, and logistics.
Goyal said 'i have made a suggestion that in the next 15-20 days if we can work out along with the states, some kind of policy or some kind of enablers which can help these various champion sectors grow and expand much faster and contribute in a much larger way.’ But, he said 'I do not think we have even reached the tip of the iceberg when it comes to getting the true benefits of this sector.'
Talking about the Statue of Unity in Gujarat, the minister said that although some people criticized the government on this project, it has huge potential to generate economic activities around that region. He said ‘my prediction is that Statue of Unity alone will create an ecosystem that can generate Rs 1 lakh crore ($15 billion) annually in and around that statue over the next 4-5 years.’