To introduce the Digital India Campaign initiated by
government of india and its impact on Indian Economy. To know about the pillars
for the implementation of the programme. To study the impact of digitalisation
on various sectors of Indian economy. To find out about the challenges faced in
the implementation of the Programme.
Methodology: This paper is based on the secondary data. This
paper covers Digital India Programme and the Impact of digitalisation on Indian
Economy, which has PAN India coverage. Only secondary data from some reliable
government sources and research papers of eminent researchers have been used. And
the newspaper articles are also important source for the study.
Findings: This digital initiative has given a boost to the
e-transactions on mobile and internet in the banking sector. A digitally
knowledgeable and empowered population can transform the whole economy. The
automation of the economic sectors will lead to better performance and growth
of the sectors, which in turn impact the growth rate of the economy.
Digitalisation will lead to cost savings, increased output, better employment,
enhanced productivity & literacy, etc. In the agricultural sector and in
Industrial sector, digitalisation will help in betterment of all the processes,
be it, purchasing, selling, inventory control, trade relations, employment,
product innovation & development, etc. Automation of Service Sector will
help in growth of the sector by increasing the ease in access to and rendering
of the services. Wider customer reach and customization of services according
to customer’s requirements also boost the demand for services. A digitally
empowered economy develops much faster, effectively and efficiently due to
better utilisation of its capital as well as human resources. And India being a
country with such huge manpower resources, if utilised properly, can achieve
unprecedented growth rate and put the country in top position along with the
Improvements: The Digital India Programme has just started
off fresh, and therefore not much data is available regarding the impact of the
programme itself. Further improvements can be affected by keeping in view the
impact of the programme on the economy.