Digital Divide for an Inclusive Digital Economy

Abstract

India is moving towards accomplishing a $1 trillion economy by the end of 2025. Apart from existing major contributing services (mainly IT & telecom) and manufacturing sectors, e-governance, supply-chain, agri-business, pharma, health-care, etc. are expected to equip with technological advances. A remarkable growth will be seen in terms of data centres, cloud usage, and digital usage. India is expected to arise as a ‘Global Hub’ with support from data centres and digital infrastructures. The Indian market is moving towards cashless transactions and encouraging innovations in support of developing business models. The digital economy is certainly improving the existing global value chain and helping in the establishment of innovative business models and skilled job opportunities. It is a must-needed diversification in the existing economy particularly for developing and underdeveloped countries.