Digital economy poised to contribute 20% to global GDP by 2026

Union Minister Rajeev Chandrasekhar on Thursday asserted that India's digital economy is poised to become a significant driver, contributing a noteworthy 20% to the nation's Gross Domestic Product (GDP) by the year 2026.The Union minister of state for electronics and information technology, skill development and entrepreneurship was speaking at the inaugural function of Startup Conclave 2023', organised by the Gujarat government at helipad ground in Gandhinagar.
According to Chandrasekhar,targets and ambitions set by Prime Minister Narendra Modi when he launched the Digital India' programme in 2015 have transformed qualitatively as well as quantitatively our economy, our innovation ecosystem and our position as a nation in the world. India's position has transformed from being the consumer of technology for nearly three decades to being the producer of devices, products and platforms for the world, he said.He asserted that India has now become the fastest growing digital economy in the world.
The Gujarat Education department has organised this event intending to bring startup innovators and investors on a common platform to exchange ideas and opportunities.The event will see various sessions, master classes, and networking opportunities to promote collaboration, creativity and startup ecosystem, said Higher and Technical Education Minister Rushikesh Patel in his address.

(Ira Singh, Asstt Editor)