The ICRIER examined 16 apps to quantify the economic impact of apps, and where possible, highlight their social impact
GN Bureau | August 8, 2017
A 10 percent increase in India’s internet traffic leads to, on average, a 3.3 percent increase in India’s GDP, and a 10 percent increase in India’s mobile internet traffic leads to a 1.3 percent increase in the GDP, says a study, ‘Estimating the value of new generation internet based applications in India’, by the Indian Council for Research on International Economic Relations (ICRIER) and Broadband India Forum. It notes that during 2015-16 India’s internet traffic increased by 17 percent, resulting in an absolute increase of $103.9 billion (Rs 6,926.5 billion) in the country’s GDP. “An equivalent increase in India’s mobile internet traffic during the period 2015-16 would result in an absolute increase of $41.4 billion (Rs 2,759.9 billion) in India’s GDP during the year,” the report said. The apps contributed a minimum of $20.4 billion (Rs 1,357.6 billion) in the year 2015-16 to India’s GDP, according to the study. The ICRIER study considers usage of internet app services as a basis to calculate its impact instead of taking into account only access to the internet. The ICRIER examined 16 apps to quantify the economic impact of apps, and where possible, highlight their social impact.
(This appears in the August 1-15, 2017 issue of Governance Now)
From Dependence to Self-Reliance: Mapping India’s Rise as a Global Superpower By Bimal Jalan Rupa Publications, 184 pages, Rs 695 Bimal Jalan, a former governor of the Reserve Bank of India (RBI), has been one of our finest commentators on econom
While many countries have been chasing to reach the carbon neutral status, only a few seem to be living up to their pledges as of now. The famous ’Paris Agreement’ of 2015 was glorified and celebrated that finally 196 countries have united with an intent to mitigate and reduce the greenhouse ga
The government this week announced the Tour of Duty or `Agnipath` scheme for the recruitment of soldiers in the armed forces. Under this scheme new soldiers will be recruited only for four years. This radical and far-reaching scheme has attracted mixed reactions from various quarters. While some officials
UPI has become an integral part of our daily lives now. We use it to buy groceries, we use it to send money to friends and family, we use it to purchase tickets, book shows, pay the cab driver, and a whole host of other things due to the ease and availability of such a platform at our fingertips. The best
Scorching Love: Letters from Mohandas Karamchand Gandhi to his son, Devadas By Gopalkrishna Gandhi and Tridip Suhrud Oxford University Press, 528 page, Rs 1495 Gandhi’s era happened to be an era when letter-writing was a primary mode of communica
Crediting the citizens of Mumbai for coming forward to help the police in combating the crisis situation due to Covid-19, Mumbai police commissioner Sanjay Pandey has said that Mumbai Police lost quite a few policemen during the pandemic but cumulative efforts, with citizens working hand in hand with the p
