Digital Economy

The Ministry of Electronics and Information Technology (MeitY), in January 2025, has released a study titled "Estimation and Measurement of India’s Digital Economy."

Conducted by the Indian Council for Research on International Economic Relations (ICRIER), the study follows an internationally accepted framework by the OECD and ADB.

Key Highlights of the Study

  • India is the first developing country to adopt this methodology while also incorporating the digital share of traditional industries like trade, BFSI, and education.
  • Digital economy refers to the ICT sector, including telecommunications, the internet, ICT services, and software.
  • The IMF defines it as encompassing pure digital industries and traditional sectors ....
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