MeitY Secretary releases report on Economic Impact of National Open Digital Ecosystems (NODEs) -Governance Now

MeitY Secretary releases report on Economic Impact of National Open Digital Ecosystems (NODEs)

C-DEP research claims that GDP will increase by 5% with NODEs

GN Bureau | December 28, 2021

#National Open Digital Ecosystem #Ministry of Electronics and Information Technology

The Secretary, Ministry of Electronics and Information Technology, Ajay Prakash Sawhney, released the report on “Estimating the Economic Impact of National Open Digital Ecosystems” in the post-India Internet Governance Forum (IIGF) workshops that concluded today.

The report highlights that opening up of the national systems through Open API’s would lead to an estimated addition of over 5% to the GDP. Such value addition would happen through the innovative services that would get develop on top of the national systems that have already been developed by the government, thus unlocking significant economic value and create high end jobs, besides increasing efficiency in the economy.

While releasing the report Secretary, MeitY said, “National Open Digital Ecosystems, also called as National Public Digital Platforms, is very important for the country. The idea behind these NODEs is to take a domain, unify all the services that are available around it currently and then create frameworks that bring in the data together in a structured way. (This would) Combine the effort of Central, State and Local government entities and create a welcoming framework for startups and small and large enterprises.”

Sawhney added that each platform under NODE can help in tremendous innovation and increase the number of services being provided.

According to the report, as more and more government digital systems are opened and are made accessible to the industry, more they will be used by the industry for creating innovative offerings that would lead to further economic growth. Analyzing the open systems of the Indian Railways Catering and Tourism Corporation (IRCTC), an estimate has been made of the economic value addition that open systems can contribute to. The study indicates that the economic value is around USD 147.59 billion for year 2019, approximately 5% of GDP.

The report has been authored by Dr Jaijit Bhattacharya, President, Centre for Digital Economy and Policy Research; Prof. P. Vigneswara Ilavarasan, Indian Institute of Technology, Delhi and

Comments

Other News

Developed countries must reach Net-Zero far earlier: India at COP30

India has strongly urged developed countries to demonstrate greater climate ambition and honour their commitments. “Developed countries must reach net zero far earlier than current target dates and deliver new, additional, and concessional climate finance at a scale of trillions,

India’s first nitric oxide wound dressing for diabetic foot ulcers rolled out

The Department of Atomic Energy (DAE) and Cologenesis Pvt. Ltd have launched ColoNoX, the country’s first nitric oxide-releasing wound dressing, aimed at improving treatment outcomes for patients with diabetic foot ulcers (DFU). Developed by scientists at the Bhabha Atomic Research Cen

When women lead the vote

The Vedas speak of “Nari tu Narayani” which means woman is divine power incarnate. Bihar’s mandate reflected that wisdom with quiet intensity. Once again, women have proven that they are the real kingmakers of this state. Their overwhelming presence at Nitish Kumar’s rallie

Women`s vote decisive in Bihar, but only 12% winners are women

The stunning victory of the NDA in the Bihar assembly elections is largely credited to the women voters who registered a far higher turnout than men, but out of the 243 winning candidates analysed, only 29 (12%) winning candidates are women. Still, this is an improvement over 2020, when out of 241 MLAs ana

CBFC further simplifies film certification process

The Central Board of Film Certification (CBFC) has officially launched a Multilingual Module on its E-Cinepramaan portal, now fully deployed and live for public use. This development marks a significant step in CBFC’s ongoing efforts to digitize and simplify the film certification process for the Ind

NDA set to win Bihar with a clean sweep

The BJP-JDU coalition is all set to retain power in Bihar. Chief minister Nitish Kumar, whose political future looked hazy to many till recently, has sprung a surprise with a giant victory. The BJP was leading on 89 seats and had won 4, whereas JDU was ahead in 76 after winning 6, accor