Download or read book India s Readiness for Digital Economy written by Ajit Kumar Roy and published by Createspace Independent Publishing Platform. This book was released on 2017-03-28 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: The digital economy is rapidly developing worldwide as the largest driver of innovation, competition, and growth. Even though many people have been excluded, tremendous opportunities are available for the digital economy to support financial inclusion for sustainable economic development. India could see a boost of $700 billion, an 11.8 per cent increase by 2025. This additional GDP could create up to 21 million jobs. McKinsey has estimated that Indians lose more than $2 billion a year in forgone income simply because of the time it takes travelling to and from a bank India aims to create a cleaner, more transparent economy via digitalization that will lead to an improved climate for foreign investment, boost economic growth, and ultimately propel the country to the next chapter of its emerging markets story. The long-term impact will be a paradigm shift to the digital economy. The biggest hindrance to a digital economy is there being a huge information asymmetry between financial services providers and the consumers. Present Government had launched a major drive for financial inclusion in terms of opening Jan Dhan accounts, giving a statutory basis for Aadhaar, implementation of Directs Benefits Transfer, introduction of RuPay Cards and Voluntary Disclosure Scheme for unaccounted money. Demonetization of 500 and 1000 Rs. notes on 8th November, 2016 was another important milestone in this endeavour. Following demonetization, there has been a spurt in the digital payments across the country and both the volume and amount of money transacted through digital methods saw seen manifold increase since 9th November, 2016. P.M. Modi and his government's ministers have been educating people on how to move towards a cashless society. Economic digitization also increases the government's ability to enhance its taxation systems. India's informal economy is responsible for roughly 45% of GDP and 80% of employment, which means that billions of INR are being exchanged each year without the knowledge tax collectors. Currently, only 1% of India's population pays income tax. Demonetization and subsequent initiatives led to greater utilization of card but we don't have enough people with debit or credit cards, and not enough PoS machines to use them. This is apart from not enough people with mobile connections in India who have an Internet connection, a reliable Internet connection, with handsets that support Indian payment apps, and are active online daily? India is a country where 94% of the population is estimated to be in the unorganized sector which draws its payments in cash and only 10% of the population has ever used non-cash means of payments. The BHIM app has been launched. It will unleash the power of mobile phones for digital payments and financial inclusion. But how ready are we to go cashless? How affordable is it for people to go cashless? Is this country ready for complete virtual banking and removing physical cash out of the system? All these points are the main purpose of the book entitled 'India's Readiness for Digital Economy' with comprehensive statistics of present scenario of infrastructure facilities presented in the following chapters. Ch-1: Vision of Digital India Ch-2: Growth of Telecommunication Usage in India Ch-3: IT & ITe'S Industry in India Ch-4: Initiative for Financial Inclusion through Banking Sectors Ch-5: Post Demonetization Scenario Ch-6: India's Initiative towards Digital Economy The book is designed in the simplest form to understand digital economy and assess related infrastructure scenario of India and to be accessible to the people interested in the area.

Download or read book Digital Economies SMEs and E Readiness written by Mutula, Stephen M. and published by IGI Global. This book was released on 2009-07-31 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book provides valuable insights into the current state of the digital economy and the ability of SMEs to leverage Information and Communication Technologies (ICTs) so that they may overcome their traditional laggard position in the global business market"--Provided by publisher.

Download or read book Digital Transformation and Economic Growth in Post Pandemic India A Comprehensive Study written by KAVITA ROY and published by LALITA KAVI Bharti Research Journal (ISSN 0975-6256). This book was released on 2024-06-12 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study investigates the impact of digital transformation (DT) on economic growth in post- pandemic India. It examines the relationship between DT and economic growth, current levels of DT across sectors, key drivers and barriers, and the effects on productivity, innovation, and competitiveness. Using a mixed-methods approach with quantitative and qualitative data from 21 businesses across different sectors in India, the findings reveal significant links between DT readiness and factors like employee engagement, budget allocation, awareness, and digital tool integration. Higher DT readiness is associated with improved competitiveness, lower employee resistance, and better adoption of digital technologies, highlighting the importance of these factors in successful digital transformation initiatives.

Download or read book Part 3 written by Henry E Parkins and published by Independently Published. This book was released on 2024-02-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introducing "India's Digital Revolution: How Technology is Transforming India's Economy" - a captivating exploration into the heart of one of the most remarkable economic transformations of our time! Join us on a riveting journey through the bustling streets of India's digital landscape, where technology isn't just shaping the economy it's revolutionizing the very fabric of Indian society. In this groundbreaking book, we uncover the dynamic forces driving India's digital revolution and unveil the profound impact of technology on every aspect of India's economy. From the rise of digital entrepreneurs to the emergence of cutting-edge startups, "India's Digital Revolution" showcases the ingenuity, resilience, and boundless potential of India's digital pioneers. Through gripping narratives and compelling insights, we delve deep into the transformative power of technology, illuminating the pathways to innovation, growth, and prosperity in the digital age. Discover how India's digital revolution is reshaping industries, empowering communities, and unlocking new opportunities for economic advancement. Explore the groundbreaking initiatives, visionary policies, and disruptive innovations driving India's digital economy forward, and learn how you can be a part of this historic transformation. Whether you're an entrepreneur seeking inspiration, a policymaker navigating the complexities of the digital landscape, or simply a curious observer eager to unravel the secrets behind India's digital success story, "India's Digital Revolution" is your definitive guide to understanding the power and potential of technology in shaping India's future. Get ready to embark on an exhilarating journey through the heart of India's digital revolution. Order your copy of "India's Digital Revolution: How Technology is Transforming India's Economy" today and be inspired by the unstoppable spirit of innovation that is propelling India towards a brighter, more prosperous future!

Download or read book Quality Management Value Creation and the Digital Economy written by Joanna Rosak-Szyrocka and published by Taylor & Francis. This book was released on 2023-07-21 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the conditions of the modern market economy, in which globalization and competition are rife, quality is of great importance for determining a company's position in the market. The changing and complex economic reality is shaping new market patterns while modern technologies influence purchasing decisions. This book presents an effective and novel framework for creating value in Industry 4.0 conditions by building a smart enterprise model using quality management theories. The book explores tools and platforms that can be utilized to contribute to the creation of the ideal quality for demanding customers, using case studies from international contributors. It proposes novel architectures that drive economically viable production and services businesses, addressing unique Industry 4.0 and 5.0 solutions in Internet of Things (IoT) that involve the entire spectrum of analysis, with a special focus on lean methodologies and cybersecurity. This original book will be valuable reading for researchers and scholars in the areas of quality management, manufacturing, production, and operations management.

Download or read book Digital Transformation and Economic Growth in Post Pandemic India written by KHRITISH SWARGIARY and published by GOOGLE. This book was released on 2024-06-01 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This study aimed to investigate the impact of digital transformation (DT) on economic growth in India during the post-pandemic era. The research objectives involved examining the relationship between DT and economic growth, assessing the current level of digital transformation across sectors, identifying key drivers and barriers, exploring the impact on productivity and innovation, and examining the role of DT in enhancing the competitiveness of Indian businesses. Hypotheses were formulated to test positive relationships between DT and economic growth, increased productivity, fostering innovation, and enhancing competitiveness. The research adopted a mixed-methods approach, combining quantitative analysis and qualitative insights through surveys and interviews with business leaders, industry experts, and policymakers. The sample consisted of 21 businesses in India, selected using stratified random sampling across different sectors, ensuring a representative and diverse sample for meaningful analysis and generalizability of findings. Quantitative data were analysed using statistical techniques, including regression analysis and descriptive statistics, while qualitative data were analysed using thematic analysis. The findings revealed significant relationships between DT readiness, employee engagement, budget allocation, awareness, integration of digital tools, and anticipated impacts on competitiveness. The study concluded that factors such as employee engagement, budget allocation, awareness, and effective integration of digital tools play a pivotal role in achieving heightened readiness for digital transformation, enabling companies to enhance competitiveness and realize the anticipated benefits of successful digital initiatives. The research sample consistes of 21 businesses in India, selected using stratified random sampling. The businesses are distributed across different sectors, including Manufacturing, with a population size of 500. This technique ensures a representative and diverse sample, allowing for meaningful analysis and generalizability of findings. The analysis of the data revealed several significant conclusions regarding digital transformation readiness and its impact on organizational factors. Firstly, a positive relationship was observed between digital transformation readiness and the anticipated impact on competitiveness, indicating that companies with higher readiness were more likely to expect positive competitive outcomes. Secondly, there was a noteworthy negative correlation between employee resistance and digital transformation readiness, suggesting that companies with lower levels of employee resistance tended to exhibit higher readiness for digital transformation. Additionally, a positive association was found between budget allocation and digital transformation readiness, indicating that companies dedicating a larger budget to digital transformation initiatives were more likely to demonstrate higher readiness in adopting digital technologies. Moreover, a positive correlation was identified between awareness and understanding of digital transformation and readiness, showcasing that companies with a deeper comprehension of digital technologies tended to have higher readiness. Furthermore, a positive relationship existed between digital transformation readiness and the actual adoption of digital technologies, emphasizing that companies with elevated readiness were more inclined to integrate digital technologies into their operations effectively. Lastly, the integration of digital tools was positively associated with digital transformation readiness, with companies proficiently incorporating digital tools demonstrating higher readiness. These findings underscored the pivotal role of factors such as employee engagement, budget allocation, awareness, and the effective integration of digital tools in achieving heightened readiness for digital transformation, enabling companies to enhance competitiveness and realize the anticipated benefits of successful digital initiatives.

Download or read book Indonesia s Digital Based Economic Transformation The Emergence of New Technological Business Economic and Policy Trends in Indonesia written by Prof. Dr. Sri Adiningsih, M.Sc., et al. and published by Gramedia pustaka utama. This book was released on 2019-09-17 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today, digital-based economies are developing rapidly, both in the world and in Indonesia. This development raises important issues, such as online versus motorcycle taxi disputes, online retail versus offline retail issues, on-demand services, and personal data security. This book describes in detail the development of digital-based economies in Indonesia, ranging from e-commerce, financial technology, to on-demand services. To provide a more complete picture of what is happening at the global level, this book also discusses the development of digital transformation in other countries, such as Australia, the United States, the United Arab Emirates, the People’s Republic of China, and India. In addition, this book also discusses the direction of digital-based technological and economic development, including projections of the types of jobs in the future. This book contributes constructive thinking in an effort to build a progressive Indonesia in the digital age, as well as being a reference material for all parties who wish to study digital-based economic transformation in Indonesia.

Download or read book Driving Digital Transformation in Developing Nations written by Nagy K. Hanna and published by Springer Nature. This book was released on with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Digital Technologies for Smart Business Economics and Education written by Amina Omrane and published by Springer Nature. This book was released on 2023-06-06 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the application, challenges and opportunities related to the use of digital technologies in business, economics and education. In this context, the enclosed contributions identify the impact of artificial intelligence, machine learning, internet of things (IOT), computer vision, big data analytics and other advance technology in the area of business, economics and education. The book examines such themes as digital technology for smart business, the progress of the circular economy, the application of IOT in education, the use of drones in agri-business, business forecasting using smart technology, artificial intelligence in healthcare, among others.

Download or read book Managerial Issues in Digital Transformation of Global Modern Corporations written by Esakki, Thangasamy and published by IGI Global. This book was released on 2021-06-25 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Efficient management of managerial tasks by capable managers is essential in order to grow and remain competitive in today’s global business market. On the other hand, digital transformation enables organizations to better compete with their global counterparts. In the process of digital transformation, many firms find it difficult to acquire qualified leadership with adequate knowledge and competence to drive success. Without integrating the dual edges of managerial competence and digital evolution, it is next to impossible for a firm to both survive and grow. Managerial Issues in Digital Transformation of Global Modern Corporations is a critical scholarly publication that examines current challenges in the digital transformation of modern business corporations from a managerial and leadership perspective. Featuring a wide range of topics such as digital transformation, marketing, and global business, this book is ideal for corporate executives, managers, IT specialists, entrepreneurs, business administrators, industry practitioners, academicians, researchers, policymakers, and students from various relevant disciplines that include economics, information and technology, business administration, management science, and commerce.

Download or read book Mastering Digital Transformation written by Nagy K. Hanna and published by Emerald Group Publishing. This book was released on 2016-01-06 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nagy Hanna presents a systematic approach to integrate ICT into development policies and programs across sectors of economy and society. This book bridges the current disconnect between the ICT specialists and their development counterparts in various sectors so as to harness the ongoing ICT revolution to maximize development impact.

Download or read book Digitalisation and Development written by Dibyendu Maiti and published by Springer Nature. This book was released on 2019-12-03 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates the impact of information and communication technologies (ICTs) on development and well-being (beyond economic benefits) and highlights some emerging issues relating to the realities, constraints and digital divides with particular reference to India. It collects a series of novel contributions, studying the Indian experience in an international cross-country perspective. The book also discusses economic, social, and behavioural aspects of well-being as well as access to ICTs across regions, states and individuals to account for the digital divide. The book establishes an aggregate relationship between ICT exposure and well-being at the country level and addresses a number of fundamental issues, such as whether ICT raises the level of transparency and governance. Based on case studies and anecdotal evidence, it then further assesses the effective implementation of service delivery through ICT innovations. The book is divided into four parts: The introductory part surveys the literature and presents background information on the Indian case; introduces the main themes on the relationships between ICT, socio-economic development and digital divides; and provides a summary and roadmap to the chapters of the book. Part II focuses on the impact of ICT on economic performance, including economic growth, productivity and trade. Part III examines the extent of the digital divides in India, including international, regional as well as inter-personal inequality. Finally, Part IV investigates the impact of ICT on governance, users’ well-being and social outcomes. Combining insights from analyses of a variety of socio-economic dimensions related to digitalisation, this book is relevant for a wide range of scholars and researchers across disciplines, as well as practitioners and policy-makers. While the book has a main focus on India, various contributions take an international cross-country comparative perspective, and the results have general relevance for digitalisation and development. On the whole, the main message of this book is that the impact of ICTs is contingent upon other assets, capabilities and institutional conditions. National policies should, therefore, not only promote digitalization as such but also ensure its co-evolution and complementarity with a variety of other country-specific factors. Chapter 'Digitalisation and Development: Issues for India and Beyond' of this book is available open access under a CC BY 4.0 license at link.springer.com

Download or read book Economic Outlook for Southeast Asia China and India 2019 Update Responding to Environmental Hazards in Cities written by OECD and published by OECD Publishing. This book was released on 2019-07-10 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economic Outlook for Southeast Asia, China and India is a bi-annual publication on regional economic growth, development and regional integration in Emerging Asia. It focuses on the economic conditions of Association of Southeast Asian Nations (ASEAN) member countries: Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam. It also addresses relevant economic issues in China and India to fully reflect economic developments in the region.

Download or read book India and the Knowledge Economy written by Carl J. Dahlman and published by World Bank Publications. This book was released on 2005-01-01 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In the global knowledge economy of the twenty-first century, India's development policy challenges will require it to use knowledge more effectively to raise the productivity of agriculture, industry, and services and reduce poverty. India has made tremendous strides in its economic and social development in the past two decades. Its impressive growth in recent years-8.2 percent in 2003-can be attributed to the far-reaching reforms embarked on in 1991 and to opening the economy to global competition. In addition, India can count on a number of strengths as it strives to transform itself into a knowledge-based economy-availability of skilled human capital, a democratic system, widespread use of English, macroeconomic stability, a dynamic private sector, institutions of a free market economy; a local market that is one of the largest in the world; a well-developed financial sector; and a broad and diversified science and technology infrastructure, and global niches in IT. But India can do more-much more-to leverage its strengths and grasp today's opportunities. India and the Knowledge Economy assesses India's progress in becoming a knowledge economy and suggests actions to strengthen the economic and institutional regime, develop educated and skilled workers, create an efficient innovation system, and build a dynamic information infrastructure. It highlights that to get the greatest benefits from the knowledge revolution, India will need to press on with the economic reform agenda that it put into motion a decade ago and continue to implement the various policy and institutional changes needed to accelerate growth. In so doing, it will be able to improve its international competitivenessand join the ranks of countries that are making a successful transition to the knowledge economy."

Download or read book The Digital Economy written by Edward J. Malecki and published by Routledge. This book was released on 2007-12-07 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an up-to-date account of the technologies, organizations and dynamics which constitute the digital economy, and assesses the impacts they have on regions and communities.

Download or read book Economic Outlook for Southeast Asia China and India 2021 Reallocating Resources for Digitalisation written by OECD and published by OECD Publishing. This book was released on 2021-02-04 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2021 edition of the Outlook addresses reallocation of resources to digitalisation in response to COVID-19, with special focuses on health, education and Industry 4.0. During the COVID-19 crisis, digitalisation has proved critical to ensuring the continuity of essential services.

Download or read book Active Citizen Participation in E Government A Global Perspective written by Manoharan, Aroon and published by IGI Global. This book was released on 2012-02-29 with total page 650 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book focuses on the issues and challenges involving adoption and implementation of online civic engagement initiatives globally and will serve as a valuable guide to governments in their efforts to enable active citizen participation"--Provided by publisher.