Digitization in India and its economic growth
-- Irene A. Milan, 5-A, Carmel School
Thursday, January 11, 2024
Digitalization in India has become a catalyst for economic growth. India is a front runner in embracing and promoting digital transformation.
In this article we will explore the status of digitalization in India.
The “Digital India” campaign was launched by the Government of India to promote digitalization. This initiative increased internet and digital services especially in rural areas.
The Mobile revolution has enabled a large portion of the population to access the digital services like E-commerce, online education etc.
Another driving force behind the innovation are the start up companies which transform the traditional infrastructure. Global technology companies are investing heavily in India. A recent example which can be quoted is APPLE starting its operations in India.
The following are the key sectors where the impact is noticeable in our Country:
1)- E-Commerce:
The E-commerce sector has made an exponential growth. Amazon and Flipkart are leading the way. The convenience of online shopping and digital payments have changed the industries.
2)- Financial services:
Digital banking has made financial services reach the common man.
3)- Healthcare:
During the Covid-19 pandemic, the telemedicine platforms gained importance. This platform gave online medical services by connecting patients with healthcare providers.
4)- Education:
Online education platforms like Byju’s, Vedantu are transforming the education sector providing online learning resources to students across the Country.
Digitalization in India is shaping the economy and opening new doors for growth. With he support form the Indian government and a tech-savvy population, India is expected to continue its journey towards being a digital powerhouse.
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Irene A. Milan, 5-A, Carmel School |
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