Do you think that potential of e commerce is powering the inclusive job ecosystem in the country? Explain (200 Words)
Refer - Business Line
Enrich the answer from other sources, if the question demands.
IAS Parliament 3 years
KEY POINTS
· As of 2021, the number of internet connections in India stood at around 760 million, driven by the ‘Digital India’ programme.
· Additionally, smartphone shipments in India increased by around 10 per cent to reach 60 million units in the first quarter of FY22, driven by positive shipments of all smartphone vendors in the market.
· The rise in online businesses and e-tail has also been accelerated by the growth of fintech and digital payments with multitude of platforms filling the supply gap such as MobiKwik, Paytm, PhonePe and others.
· The government guidelines on allowing 100 per cent FDI in B2B e-commerce as well as the automatic route in the marketplace e-commerce model offer a positive business environment.
· E-commerce and consumer internet companies in India received more than $4.32 billion from private equity and venture capital players, which will further support and consolidate the industry.
· New e-commerce and social commerce start-ups are coming up to fulfil the e-commerce and online shopping demand in Tier-2 and Tier-3 cities.
· This transformation calls for skilled IT and ITeS professionals, data scientists, warehouse workers, supply chain managers, delivery persons, customer service executives, and call centre operators.
· The growth in the e-commerce sector will also boost employment, increase revenues from exports, increase tax collection by exchequers, and provide better products and services to customers in the long-term.
Samy uvaraj 3 years
Kindly review please !
Thank you
IAS Parliament 3 years
Avoid lsiting out points and explain the flowchart briefly. Keep Writing.
K. V. A 3 years
Kindly review
IAS Parliament 3 years
Try to mention about skilled and unskilled professionals. Keep Writing.
Soni Kumari 3 years
Please review sir
IAS Parliament 3 years
Try to provide some specific examples and mention about skilled and unskilled professionals. Keep Writing.
Susmitha T 3 years
Please review
IAS Parliament 3 years
Try to explain the flowchart briefly and mention about skilled and unskilled professionals. Keep Writing.
