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The "e-Conomy India 2023" report, a collaboration between Google, Temasek, and Bain & Company, underscores the shifting consumer behavior and evolving business landscape driving this momentous growth. According to the report, India's rapidly expanding internet economy is anticipated to reach a staggering valuation of $1 trillion by 2030, a significant surge from the estimated $175 billion in 2022. As a result, the contribution of the Internet economy to India’s GDP will increase from 4 to 5 per cent, as of now, to around 12 to 15 per cent. Among the ten key consumer sectors, Business-to-Consumer (B2C) e-commerce is expected to maintain its leading position in digital services, projected to grow five to six times and reach approximately $350-380 billion by 2030. The report also forecasts a doubling of online shoppers in India by 2030, with over 60 per cent of new shoppers emerging from smaller towns.
As per the recently released All India Survey on Higher Education (AISHE) 2020-2021 by the Ministry of Education, total enrolment in higher education ha...
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Consider the following Statements and choose the option with correct Statements.
I- Department of Consumer Affairs and Bureau of Indian Standards...
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As per the Guidelines of ‘City Finance Rankings 2022’, which had been launched by Shri Hardeep Singh Puri, Hon’ble Minister Housing and Urban Deve...
The President appoints Chief Election Commissioner and Election Commissioners. They have a fixed tenure of _____ years, or up to the age of __________ y...
______________ has launched a call for startup applications for registration on the MAARG portal, the National Mentorship Platform by Startup India.