Role of ‘Digital India’ in the Economy
The phenomenon of Digital India has taken the whole country by a storm. The concept of a digitized India is the most popular topic in the discussion about the latest technology news and updates in India. Narendra Modi, the Prime Minister of India, has taken many steps in order to push towards a digital economy. This shift towards the digitization of the Indian economy aims at solving many problems citizens face in their daily life and also promises to take India to a higher level as an economy.
Digital India aims at providing e-governance to the citizens of India. This will help people to connect easily with government run institutions and departments. The motive of going online with all kinds of governmental jobs is to ensure that all these works are done electronically and the country becomes completely paperless in the coming years. Facilities like Digital lockers and Broadband Highways in rural parts of the country will make sure that the citizens can interact with the government faster than ever and their identification papers are easily accessible by them from anywhere without any hassles of running from pillar to post to get a simple job done.
Edging towards a Digital India has created many jobs. Huge job opportunities have come up in the IT sector. IT training has been made available to a large number of people to make them skilful and job-ready. This will cause the standard of living to increase and also help in urbanisation of rural areas. Illiteracy and lack of connectivity in many parts of India are the chief reasons that hold the Indian economy back from moving to a higher position in the global economy. ‘Digital India’ will be more connected and a rapidly growing economy.
Better GDP Growth and Distribution
The creation of jobs will not be limited to the IT sector once ‘Digital India’ starts progressing at a higher pace. More jobs in the IT sector will create further jobs in the manufacturing sector because of rapid growth in infrastructure. Skilled labour would be demanded and it would increase more than the meagre 2% it stands at now. The average income of people would increase too as a result. The lower class would move towards becoming middle class and middle class would go towards turning upper class in the society. According to latest Digital India news, the agricultural sector constitutes to just 14% of the GDP and has most of the population dependent on it. It will see a reform as more people will join the tertiary sector. The GDP will be better distributed and the wage gap will decrease. The growth rate of GDP every year will increase to 10% from the 6-7% it grows at now.
‘Digital India’ will also help the economy by putting an end to corruption. Cash money will not be used because of the emergence of many options to pay electronically. This will serve as a major obstacle towards hoarding of illegally obtained cash by corrupt people. Corruption will decline as a result and the Indian economy will benefit from it in a large way.
Digital India has started a journey filled with hope and opportunity for the citizens of India. Know more about this ambitious campaign at Digiindia.com and also get to know the latest new business trending stories in India.