NITI Aayog releases report on regulatory regime in professional services
NITI Aayog Vice Chairman Ashok Kumar Lahiri launched 'India's Services Sector: Insights on Regulatory Regime in Professional Services', the third report of NITI's Services Thematic Series, on 10 August 2026.
Summary
NITI Aayog Vice Chairman Ashok Kumar Lahiri launched the report 'India's Services Sector: Insights on Regulatory Regime in Professional Services' on 10 August 2026, at a meeting of the High-Powered 'Education to Employment and Enterprise' Standing Committee. It is the third report in NITI Aayog's Services Thematic Series. The report assesses India's regulatory framework for professional services and benchmarks it against select foreign jurisdictions. Professional services account for nearly a quarter of India's total services exports. The report proposes a four-pronged strategy: harnessing emerging trends, elevating professional services in the value chain, adopting best practices, and continuous professional development.
Key facts
- Report
- India's Services Sector: Insights on Regulatory Regime in Professional Services
- Series
- Third report, NITI Services Thematic Series
- Launched by
- Ashok Kumar Lahiri, Vice Chairman, NITI Aayog, 10 Aug 2026
- Share of services exports
- Professional services ≈ one quarter
- Strategy
- Four-pronged: emerging trends, value chain, best practices, continuous professional development
Practice MCQs 3 questions
Who launched NITI Aayog's report 'India's Services Sector: Insights on Regulatory Regime in Professional Services' on 10 August 2026?
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Correct answer: B — Ashok Kumar Lahiri
NITI Aayog Vice Chairman Ashok Kumar Lahiri launched the report, in the presence of CEO Nidhi Chhibber and MoSPI Secretary Saurabh Garg.
Professional services account for roughly what share of India's total services exports, according to NITI Aayog's August 2026 report?
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Correct answer: C — About one-quarter
Professional services account for nearly a quarter of India's total services exports.
Consider the following statements about NITI Aayog's August 2026 report on professional services: 1. It is the first report in NITI Aayog's Services Thematic Series. 2. It benchmarks India's regulatory framework against select foreign jurisdictions. Which of the above is/are correct?
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Correct answer: B — 2 only
Only statement 2 is correct. The report is the third in the Services Thematic Series, and it benchmarks India's framework against select foreign jurisdictions.