Rapidly digitalising India was ranked 4th in “Break Out Economies” in the third edition of the Digital Evolution Scorecard developed by Tufts University’s Fletcher School in partnership with Mastercard. China which leads the countries in the “Break Out Economies” group is more evolved digitally due mainly to its combination of rapidly growing demand and innovation.
Third rank Indonesia, and India, which ranks number four in momentum, have displayed increasing digital momentum suggesting the potential to rapidly digitalise for both post-COVID economic recovery and longer-term transformation.
WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class
About “Break Out Economies”:
“Break Out Economies” are those that are digitalising very quickly and yet have a lot of room to grow before matching those in the developed economies, such as those in Europe and in more developed Asian countries like Singapore, South Korea, and Hong Kong.
The objective of the Study:
In an effort to combat tax evasion in the pan masala and tobacco sectors, the…
India's internet economy is poised for significant growth, with industry experts predicting it will reach…
The United Nations has revised India's economic growth forecast for 2024, projecting a robust expansion…
China's industrial output grew by 6.7% year-on-year in April, a significant increase from the 4.5%…
Haryana, nestled in the heart of northern India, is a land of cultural richness and…
In India, agriculture serves as the backbone of the economy, employing millions and contributing significantly…