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)
Power Pivots: Politics of Haryana in the 21st Century By Arjun Singh Kadian Rupa Publications, 192 pages, Rs 295
The Day the Chariot Moved: How India Moves at the Grassroots By Subroto Bagchi Penguin, 408 pages, Rs 699 N
India’s ambition to become a developed nation by 2047 cannot be met by counting hospital beds, cards issued, or apps downloaded alone. The decisive variable is quality of care—what patients actually experience and the outcomes they achieve. Quality is the bridge between entitlement and health;
The White House’s decision to impose a $100,000 fee on new H-1B petitions has triggered immediate boardroom conversations across corporate America and far beyond. While the Trump administration frames it as a move to safeguard domestic jobs, the economic implications for firms, global talent flows, a
From dressing Bollywood’s most unforgettable villains to crafting the signature looks of India`s political elite, Madhav Agasti, 76, has spent over five decades quietly shaping the public images of some of the country`s most powerful figures.
Emphasising the strategic role of green steel in India`s industrial and environmental future, Union Minister for Steel and Heavy Industries, Prahlad Joshi, Friday underlined that the strategic shift is not just an economic objective but a national imperative. “Green steel is now
