India’s open digital infrastructure could generate an economic value of over $500 billion: Study

India’s open digital infrastructure could generate an economic value of over $500 billion or ~5.5% of India’s projected GDP by 2030, according to a study.

It will also generate more than $200 billion in savings. Even during the pandemic, the Indian government was able to transfer more than Rs 37,000 crore directly to the bank accounts of 16 crore citizens using India’s digital infrastructure, the study by Omidyar Network India said.