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Govt advances ASP standardisation for critical and strategic minerals
The government on November 29 initiated the process to auction the first tranche of Rs 45,000 crore worth of 20 blocks of critical and strategic minerals
Digital economy to contribute 20% of GDP by 2026: Rajeev Chandrasekhar
Union minister Rajeev Chandrasekhar on Thursday said that the digital economy will contribute 20 per cent of India's gross domestic product (GDP) by 2026.
The Union minister of state for electronics and information technology, skill development and entrepreneurship was speaking at the inaugural function of Startup Conclave 2023', organised by the Gujarat government at helipad ground in the state capital.
In 2014, the digital economy was around 4.5 per cent of the GDP and today it is 11 per cent. By 2026, digital economy will account for 20 per cent or one-fifth of the Indian GDP, he said.
According to Chandrasekhar, targets and ambitions set by Prime Minister Narendra Modi when he launched the Digital India' programme in 2015 have transformed qualitatively as well as quantitatively our economy, our innovation ecosystem and our position as a nation in the world.
India's position has transformed from being the consumer of technology for nearly three decades to being the producer of .