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The Importance Of Ict In Economic Growth

872 Words4 Pages

By Kiran V. Jadhav* Sagar A. Sable** Pravin W. Pendurkar*** Information and communication technology has definitely played a significant role in economic growth. It cannot be denied that there are many factors responsible for economic growth but ICT has played somewhere a different role in economic growth. Economic growth is a process where an engine of growth is running and that engine requires some fuels and that is certainly the ICT. This paper is an attempt to explore the importance of ICT in the economic growth of Indian economy.
Keywords: ICT, Indian Economy, Economic growth.
Introduction:
To start with ICT, we should know the meaning of it. ‘ICT is an umbrella term that includes any communication device or application, encompassing: radio, television, cellular phones, computer and network hardware and software, satellite systems and so on, as well as the various services and applications associated with them, such as videoconferencing and distance.’ The daily use of computer technology has reduced the time to complete any work or any project. It facilitates to complete the work fast and correctly. Although it needs special training, most of the people in India are now computer savvy and know how to work on it. The widely use of mobile phones has reduced the distance between world. It has brought together all the countries together and has broken all the boundaries of all the countries. It is now worldly known fact that International trade is the engine of

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