NITI Aayog — Professional Services Sector ⭐⭐

Report:

“India’s Services Sector: Insights on Regulatory Regime in Professional Services”

• 3rd report under NITI Aayog's Services Thematic series.
• Released by Ashok Kumar Lahiri.

Key Finding

Professional services contribute approximately:

25% of India's total services exports.

Four-pronged strategy

1. Harness emerging trends.
2. Elevate professional services within the services value chain.
3. Adopt global best practices.
4. Promote continuous professional development.

Regulatory barriers

• Nationality/residency requirements
• Educational qualifications
• Licensing rules
• Recognition of foreign qualifications
• Restrictions on forms of business establishment