Indian digital economy growing at 2.8%, will reach $1 trn by FY28: IT Min

India's digital economy is growing at 2.8 per cent per annum and is expected to reach USD 1 trillion by 2027-28, Minister of State for Electronics and IT Rajeev Chandrasekhar said at an outreach programme. The minister further said the value of the IndiaAI mission will be doubled to Rs 20,000 crore from Rs 10,000 crore. The government earlier expected India to reach the USD 1 trillion-mark by 2026-27 but the target has been moved by a year due to various reasons, including the Covid-19 pandemic, he said. "Digital economy is growing at the rate of 2.8 per cent because of the vision of Prime Minister Narendra Modi. His vision laid down in 2015 has played out well. We are already the fastest growing digital economy of the world. We are aiming to be USD 1 trillion digital economy by 2027-28," Chandrasekhar said. He was speaking at "Vishesh Sampark Abhiyan" on Monday evening at Union minister Hardeep Singh Puri's official residence. The event was attended by leaders of about 300 ITs, ..
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