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India's digital economy, buoyed by AI and government initiatives, is projected to grow 13.4% by 2024-25.
India's digital economy, driven by AI and cloud computing, is projected to grow 13.4% by 2024-25, contributing 11.74% to national income in 2022-23. The government's initiatives, including BharatNet and Direct Benefit Transfer, have expanded internet connectivity and digital transactions, especially in rural areas. Digital literacy programs have also played a critical role in this growth. Prime Minister Narendra Modi's Digital India initiative has empowered citizens and strengthened governance transparency.
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