One of the myths about India’s growth experience is that the services sector can provide the impetus to sustain rapid and inclusive growth. Given the size of our workforce, the numbers engaged in low productivity jobs in the informal sector and the number entering the working population, it is clear that both manufacturing and agriculture will have to play an increasing role in generating employment intensive growth. It is in this context that this paper by Professor Krueger makes an important contribution. I am sure that readers will find that its policy recommendations are sharply focused on some of the more critical issues facing the Indian economy
