Scaling up investments in human and physical digital infrastructure, can allow India to shine in global market for digital information-technology services. Discuss
Refer - Financial Express
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IAS Parliament 3 years
KEY POINTS
· Digital transformation is now changing the landscape for development.
· In the manufacturing sector, the formal and organised sector has begun to make the transition out of urban areas and towards rural locations.
· Looking across spatial locations, the organised sector is increasingly locating along major infrastructure transport corridors.
· We can collect some basic measures like the share of villages with telecommunications equipment, and calculate local penetration of the internet and other modern communications.
· The policy challenge is to connect the manufacturing and services trends together with technology and spatial development.
· Private sector participation in infrastructure projects has collapsed recently, with investment dropping by more than 50% in 2019.
· India has the advantage of demographic dividend and a youth bulge, while the working age population in advanced countries is declining.
· In addition, India alone produced more than 70% of the world’s science, technology, engineering and mathematics (STEM) graduates between 2016 and 2018.
· India can easily expand its role in the growing global market for digital information-technology services, such as big data and the Internet of Things.
Dev 3 years
Sorry for my mistake
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IAS Parliament 3 years
Try to include government schemes like PM-WANI. Keep Writing.
Dev 3 years
Please review and provide feedback
IAS Parliament 3 years
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