India`s #DigitalEconomy will generate 30 million jobs by 2024-25
 Source : News Bharati English  Date : 17-Jun-2017

New Delhi, June 17: The Ministry of Electronics and Information Technology projected that the Indian Digital Economy will generate 30 million employment by 2024-25, which is double than the current scenario.

According to Ministry of Electronics & IT reports, Electronics, Telecom and IT/ITeS sector would be the top three contributors with 8.9 million, 8.8 million and 6.5 million of jobs respectively, followed by e-commerce with 6 million, cyber security with 2.5 million, sharing economy with 2.3 million, CSCs with 2 million and start-ups and IoT with 0.5 million jobs in each sector.

E-commerce is set to grow 19-fold in generating employment, followed by 500% each in start-ups and IoT sector. With more than 108 crore mobile phone user, 114 crore Aadhaar accounts, around 1 lakh digitally connected gram panchayats and rapidly growing ecosystem for Digital Payments, India is very well poised to march towards a ‘One Trillion Dollar Digital Economy’ which will not only create employment opportunities for the youth, but also will pave way for exciting business avenues in the ICT and related sector.

The Government of India has already partnered with the industry in designing and developing certain services and platforms like MyGov, Digital Locker, e-Sign, Cloud Services, Government e-Marketplace, e-National Agricultural Market etc.

Ravi Shankar Prasad announced that the Government will come out with new electronic and software product policy and a framework for data security and protection policy. Additionally, a GST Cell would be set up in the Ministry of Electronics and Information Technology. He further said that there is no threat of job losses in the IT Sector. The Government as well as the industry remain upbeat about the IT Sector, as over 6 lakhs of IT jobs were created in last 3 years.

The Ministry has identified Digital Payments, Make in India, Start-Up India, Skill India, 100 Smart Cities, 50 Metro Projects and Swachh Bharat to be the key drivers of the Digital Economy.