NEW DELHI: The govt is making plans to rent an company to measure the true dimension of the virtual economic system which is estimated to be round USD 1 trillion through 2025, in keeping with an legitimate report.
The decided on company will probably be roped in for a duration of 9 months for the assignments,
The company will want to put up the draft record on estimation of the dimensions of the virtual economic system and projections from the present monetary 12 months until 2029-30 to Ministry of Electronics and IT (MeitY) inside 32 weeks from the date of variety.
“The RFP aims to invite proposal in the area of estimation and measurement of India’s digital economy including formulation of measurement framework, capturing data and identifying digital interventions,” the report mentioned.
The record can even glance into state ratings and their proportion within the virtual economic system, together with the affect of e-commerce and rising generation on such economic system.
“Collective action is required in a team India spirit with collaboration between government and private/social sectors,” the report mentioned.
MeitY had previous revealed a record titled ‘India’s Trillion Dollar Digital Opportunity’ which identifies 30 virtual topics starting from IT infrastructure, instrument features and healthcare training to next-generation monetary products and services.
It is estimated that virtual transformation will create USD 1 trillion value of financial worth through 2025, leading to 60 to 65 million jobs.
“Sectors like agriculture, health and education will benefit in the economic value of USD 390-500 billion from digitalisation,” it added.
According to a joint record through Google, Temasek and Bain & Company, India’s web economic system by myself is predicted to check in six-fold enlargement and contact USD 1 trillion through 2030.
The record estimated that India’s web economic system used to be USD 155-175 billion in 2022.
A record commissioned through Broadband India Forum, which used to be launched previous this month, tasks India’s app economic system to achieve about USD 792 billion through 2030 which will probably be 12 in step with cent of the rustic’s estimated GDP of USD 6.59 trillion.
The decided on company will probably be roped in for a duration of 9 months for the assignments,
The company will want to put up the draft record on estimation of the dimensions of the virtual economic system and projections from the present monetary 12 months until 2029-30 to Ministry of Electronics and IT (MeitY) inside 32 weeks from the date of variety.
“The RFP aims to invite proposal in the area of estimation and measurement of India’s digital economy including formulation of measurement framework, capturing data and identifying digital interventions,” the report mentioned.
The record can even glance into state ratings and their proportion within the virtual economic system, together with the affect of e-commerce and rising generation on such economic system.
“Collective action is required in a team India spirit with collaboration between government and private/social sectors,” the report mentioned.
MeitY had previous revealed a record titled ‘India’s Trillion Dollar Digital Opportunity’ which identifies 30 virtual topics starting from IT infrastructure, instrument features and healthcare training to next-generation monetary products and services.
It is estimated that virtual transformation will create USD 1 trillion value of financial worth through 2025, leading to 60 to 65 million jobs.
“Sectors like agriculture, health and education will benefit in the economic value of USD 390-500 billion from digitalisation,” it added.
According to a joint record through Google, Temasek and Bain & Company, India’s web economic system by myself is predicted to check in six-fold enlargement and contact USD 1 trillion through 2030.
The record estimated that India’s web economic system used to be USD 155-175 billion in 2022.
A record commissioned through Broadband India Forum, which used to be launched previous this month, tasks India’s app economic system to achieve about USD 792 billion through 2030 which will probably be 12 in step with cent of the rustic’s estimated GDP of USD 6.59 trillion.