Question

‘India can transform itself into a knowledge-based economy by using information technology.’ Justify the given statement.

Hint:

A knowledge-based economy relies on innovation, skills, and technology to drive sustainable economic growth.

Answer 1

Information technology (IT) can transform India into a knowledge-based economy in the following ways: 
Enhanced Education Access: IT enables e-learning platforms, bridging the gap between rural and urban education systems. 
Boosting Research and Innovation: IT supports data analysis, artificial intelligence, and innovation, fostering advancements in various sectors.
Efficient Governance: IT facilitates e-governance initiatives, improving transparency and citizen engagement. 
Global Competitiveness: IT creates opportunities in the global market by strengthening India's service exports and tech industry.