Daily Current Affairs on 5G may Contribute up to 2% to India’s GDP by 2030 for Employee State Insurance Corporation (ESIC) Exam Preparation

Science & Technology

Current Events of National and International Importance

Title

45:30

Video Progress

8 of 24 completed

Notes Progress

5 of 15 completed

MCQs Progress

38 of 100 completed

Subjective Progress

8 of 20 completed

Continue to Next Topic

Indian Economy - Understanding the basics of Indian economic system

Next Topic

5G may Contribute up to 2% to India’s GDP by 2030

According to a report by National Association of Software and Services companies (NASSCOM) and Arthur D Little, the adoption of 5G network technology in India is expected to contribute about 2% to India’s GDP amounting to $180 billion by 2030. 

  • The report titled 5G – Unfolding India's Era of Digital Convergence says that an increasing market penetration, sectoral reforms, improvement in user experience, speedy rollout of services, among others, will contribute to the growth.
  • Currently, India has 1.1 billion telecom users, which is the second highest in the world after China. Of this, 740 million are 4G users, and they are expected to shift to 5G.
  • The report says that the government’s National Optical Fibre Network plan which aims to connect all the 2.5 lakh gram panchayats in the country will help enhance India’s potential to 5G adoption.

ProfileResources

Download Abhipedia Android App

Access to prime resources

Downlod from playstore
download android app download android app for free