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How far can India achieve its agenda to create $1 trillion in economic value from the digital economy by 2025? Discuss in the light of emerging contours of tech policy of India.

Topic : Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.

5. How far can India achieve its agenda to create $1 trillion in economic value from the digital economy by 2025? Discuss in the light of emerging contours of tech policy of India. (250 words)

Reference: Hindustan Times

Why the question:

The editorial analysis brings to us the emerging contours of tech policy in the country.

Key Demand of the question:

One must explain in detail how far India can achieve its agenda to create $1 trillion in economic value from the digital economy by 2025.

Directive:

Discuss – This is an all-encompassing directive – you have to debate on paper by going through the details of the issues concerned by examining each one of them. You have to give reasons for both for and against arguments.

Structure of the answer:

Introduction:

Start with some key facts suggesting the context of the question such as – India has the highest per user data usage in the world. The online space has flourished — innumerable applications compete for user attention. The internet economy in India is quite open and minimally regulated. This is now beginning to change because of three emerging motivations.

Body:

Start by explaining how India is beginning to systematically assert its sovereign power to regulate internet-based activities. New regimes for regulation of personal data, e-commerce, content of video streaming services, and related spheres are in the offing.

Discuss first the emerging contours of tech policy of India. Explain in what way the government is increasingly using technology policy as an instrument of foreign policy and national security.

Then talk about the nuances of creating $1 trillion economic value from the digital economy by 2025.

Conclusion:

Conclude with way forward.