A billion Indians yet to benefit from digital economy: WB

WORLD_BANK_1621105fWorld Bank headquarters in Washington.

India has the largest offline population in the world with nearly a billion Indians still not able to tap the benefits of a digital economy, the World Bank said on Tuesday.

At least 8 in 10 individuals in India own a mobile phone and digital technologies are spreading rapidly, but the aggregate impact of digital technologies has fallen short and is unevenly distributed, noted a 2016 development report on Digital Dividends released by the Bank.

“The opportunities for increasing access to digital technology for creating higher growth, more jobs, and better public services are significant for India,” according to the report.

At the end of 2014 India had more than 200 million Internet users, compared to 665 million in China, according to the report.

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