Question

‘India can transform itself knowledge-based economy by using information technology.'

Justify the given statement. 

Answer 1

• IT has the potential to foster innovation, increase productivity, and improve access to knowledge and skills, enabling India to become a knowledge-based economy.
• IT allows digital networking, e-commerce, and online education, which promotes entrepreneurship, job creation, and economic progress.
• IT-driven initiatives such as digital literacy programs and online platforms empower individuals and promote a culture of lifelong learning, which is crucial for a knowledge-based economy.