Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment
4. As the antitrust movement against Big Tech gathers steam, Government of India needs to find solutions for better innovation in field of technology. Elucidate. (250 words)
Reference: Financial Express
Why the question:
The article explains that as the government seeks to promote the use and adoption of technology across sectors, it must first adopt a whole-of-government approach.
Key Demand of the question:
Discuss the need for the government of India to find better innovation in the field of technology.
Elucidate – Give a detailed account as to how and why it occurred, or what is the particular context. You must be defining key terms where ever appropriate, and substantiate with relevant associated facts.
Structure of the answer:
Start with brief background of the question.
There’s nothing reprehensible about being big and established. But it is the ‘how’ of their growth that raised concerns. Governments globally have questioned some of these investments alleging that their objective is to neutralize competition, leading to monopolization and stifling of innovation.
Discuss what India must do.
Conclude with way forward.