Have you ever wondered how our Indian economy became digitalised. The transformation stage from 1999 to 2019 has played a vital role in our economic system.
The basic fact is that India has made a rapid growth then the largest populous country in the world within a short period of time.The initiative includes plans to connect rural areas with high-speed internet networks. Digital India consists of three components: the development of secure and stable digital infrastructure, delivering government services digitally, and universaldigital literacy.
The typical truth changes from a home having one telephone with four people to you a home having four cell phones with four people. Smartphones paved way for the the new digitalised India.
The ease of using smartphones has attracted more number of humans ignoring the old models which was quite difficult for them to operate. Literally speaking shop from home, online banking, payment from home has made the life of human beings very easy with the rise of Smartphones In their life span.
During the period of 1980s to 1990s the amount of purchase for data usage was very higher during those days. But now the scenario has changed.
The data is available for cheap price. This has increased the use of internet among a lot of people in the country outnumbering China.
One of the biggestadvantageof moving towards thiseconomy is that it gives an empowerment to the citizens. When the payments movedigital each and every individual is bound to have a bank account, a mobile phone, etc.
Thedigital india programme is a flagship programme of the Government ofindiawith a vision to transformindia into a digitally empowered society and knowledge economy. E-governance initiatives in indiatook a broader dimension in the mid 1990s for wider sectoral applications with emphasis on citizen-centric services.
People don't want to really go out for shopping for having dinner for making payments for depositing money and many more. Everything can be done within the palm of of their hands. From this point of view we can understand the the improvement of Technology which has made the lifestyle of many people in our economy and in the world easy and comfortable.
Though they are many advantages of new digitalised India there are some drawbacks among the cognitive skills of the humans which is grabbed by the rise of Technology and the lack of Thinking ability which is lying Latent among the human beings in the coming era.