Question

What is the importance of information technology sector for the indian economy explain?

Answer 1

Information technology (IT) is an example of a general purpose technology that has the potential to play an important role in economic growth, as well as other dimensions of economic and social development. This paper reviews several interrelated aspects of the role of information technology in the evolution of India’s economy. It considers the unexpected success of India’s software export sector and the spillovers of this success into various IT enabled services, attempts to make IT and its benefits available to India’s rural masses, e-commerce for the country’s growing middle class, the use and impacts of IT in India’s manufacturing sector, and various forms of e-governance, including internal systems as well as citizen interfaces. The paper concludes with an overall assessment of these different facets of IT in the context of the Indian economy.

Answer 2

The following is the importance of the IT sector.

Explanation:

The following is the importance of the IT sector:

• The IT sector in India has provided employment to millions of people.
• This industry has helped to grow the service sector of India.
• This industry is one of the major foreign exchange-earners.
• A large population of India is involved in this sector and thus are dependent on this sector.

Learn more:

What role does the IT sector play in the Indian economy?

brainly.in/question/2376102