Vol. 11 No. 4 (2021): Vol 11, Iss 4, Year 2021
Articles

Digitalization in india: opportunities and challenges

Subramanyachary P
Department of Management,Sri Venkateswara College of Engineering, Karakambadi, Tirupati, Chittoor District, Andhra Pradesh
Raja Sekhar B M
Department of Management Studies, KMM Institute of Technology & Science, Tirupathi.
Published December 31, 2021
Keywords
  • Mobile Connectivity, Electronics Manufacturing, and Information
How to Cite
P, S., & B M, R. S. (2021). Digitalization in india: opportunities and challenges. Journal of Management and Science, 11(4), 20-23. Retrieved from https://jms.eleyon.org/index.php/jms/article/view/501

Abstract

This paper highlights the importance, challenges and advantages of digitalization in India. Digitization is the representation of an object, image, sound, document or signal by generating a series of numbers that describe a discrete set of its points or samples.The digital economy is the new productivity platform that some experts regard as the third industrial revolution. India is an initiative of the Central Government of India “designed to transform India into a global digitized hub” by reviving a rundown digital sector of India with the help of improving digital connectivity and skill enhancement and various other incentives to make the country digitally empowered in the field of technology. The 2016 Union budget of India announced 11 technology initiatives including the use data analytics to nab tax evaders, creating a substantial opportunity for IT companies to build out the systems that will be required. The initiative also lacks many crucial components including lack of legal framework, absence of privacy and data protection laws, civil liberties abuse possibilities, lack of parliamentary oversight for e-surveillance in India,lack of intelligence related reforms in India, insecure Indian cyberspace, etc. It is mandatory that economy has to push merits of Digitalization and check the problems arise from digitalization. In the era of Globalization transactions are increasing. So that digitalization to be given priority for both quick and transparent transactions.

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