India's Economy

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  Even though most of the population is rural and still works in agriculture, India's service-based economy has rapidly brought about a thriving development, especially in the last 20 years when India liberalized its markets. The services sector employs about 30 percent of India's workforce, yet provides about half of its output. India depended on its large English-speaking, well-educated workforce to develop a burgeoning technology sector, as well. Tourism is a growing portion of India's economy with an earnings increase of more than 17 percent from 2009.