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Internet in India to Contribute 16% of India’s GDP by the End of 2020

Aug 03, 2017
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Internet in India to Contribute

In INDIA Internet traffic had increased to 17 percent in a 2015-16 year it led to increase of Rupees Seven Lakh Crores in Gross Domestic Product(GDP), in that up to Rupees One Lakh Fouty Thousand Crores is of App services based on the Internet, kind of its first new study released on Friday.

The Internet in India puts the payment to fund in India will increase at country’s GDP of 2015-16 up to 5.6 percent which is approximately about 16 percent means Rupees of Thirty Six Lakh Crores by 2020 where as Based on Internet Apps its contribution will be Eighteen Lakh Crores means half of the contribution is based on Internet Apps. Which was said by the study of “ESTIMATING THE VALUE OF NEW GENERATION INTERNET BASED APPLICATIONS SERVICES”, where ICRIER (India Council For Research on International Economic) had conducted leading think tank and also Broadband India Forum. This study was released by Ministry of Electronics and Information Technology senior officer Manoj Sinha.  INTERNET USAGE

 Internet Usage

In the internet usage of Asia over all the world is 50.1% and according to Asia Marketing Research Internet in India is about 34.4% where as  Facebook subscribers are of 11.7% up to June/2016. Based on Internet Services and Apps destroy the structure of traditional industries. To maintain the Strike evaluated the balance between Business and Consumer internets by protecting,  and encouraging the Internet by introducing new methods, ideas, or products and protect the Ecosystem to make a better future said by  President, T.V. Ramachandran, Broadband India Forum.

The Internet is empowering the opportunities to youngster’s by

  • Youngster’s as  team players and collaborators internet
  • Youngster’s as explorers
  • Youngster’s by becoming independent
  • Youngster’s content creators, distributors, and managers
  • Youngster’s developing a voice and active citizens
  • Youngster’s as social participants

Impact of Internet on Busines and Society

The current impact of Internet in India on Business is by Technical papers , Advertising, Product Information, Share Company Information, Magazines, Employment ads., Newspapers, Traffic Information, Tourism, Movie Previews, Software Distribution etc And also in the Society Internet is  producing a definite technology  with the  wireless communication in the 21st century where society is almost  connected, with higher level of the ratio of useful work performed by a machine, inequality in bandwidth, and price.

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