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Going digital can boost our labour productivity

Mint Bangalore

|

March 05, 2025

India is faring rather well on its adoption of digital technology in global comparison. This could spell productivity gains and also better-balanced development if we fix regional skews

One of the most famous quips about India that has long held good is British economist Joan Robinson's "Whatever you can rightly say about India, the opposite is also true." A telling example is the contrast between our high position in the world's GDP league table, where we rank third in terms of purchasing power parity, and our abysmal 119th spot when it comes to per capita income. But one measure on which we have unanimity, even among argumentative Indians, relates to the rapid adoption of digital technology. From a country that had one of the world's lowest tele-densities not so long ago, we are more connected today than people in most other countries. According to the latest State of India's Digital Economy report of Delhi-based Indian Council for Research on International Economic Relations (Icrier), based on aggregate levels of digitalization, as measured by its new CHIPS framework, India is now the third largest digitalized economy. We trail China and the US, but are ahead of South Korea, the UK and Singapore. Unlike many countr

MÁS HISTORIAS DE Mint Bangalore

Mint Bangalore

Mint Bangalore

360 One, Steadview, others to invest in Wakefit ahead of IPO

A clutch of firms, including 360 One, Steadview Capital, WhiteOak Capital and Info Edge, is expected to invest in home-furnishings brand Wakefit Innovations Ltd just ahead of its initial public offering (IPO) next month, three people familiar with the matter said.

time to read

1 min

November 28, 2025

Mint Bangalore

Mint Bangalore

Diversification holds the key to reducing our trade vulnerability

India's merchandise exports are less exposed to US policy vagaries than services. The latter need to find new export markets

time to read

4 mins

November 28, 2025

Mint Bangalore

Mint Bangalore

GOING SOLO: FACING THE GROWING REALITY OF SOLITARY RETIREMENT IN INDIA

What we plan for ourselves isn't always what life plans for us.

time to read

2 mins

November 28, 2025

Mint Bangalore

Mint Bangalore

Paint firms strengthen moats as competition heats up

A bruising market-share battle is escalating in India's ₹70,000-crore paints sector, forcing companies to look beyond aggressive discounting and instead strengthen their foothold in key geographical areas while sharpening their product portfolios.

time to read

2 mins

November 28, 2025

Mint Bangalore

Would you like to be interviewed by an AI bot instead?

don't think I want to be interviewed by a human again,\" said a 58-year-old chartered accountant who recently had an interview with a multinational company.

time to read

3 mins

November 28, 2025

Mint Bangalore

Mint Bangalore

The curious case of LIC's voting on RIL, Adani resolutions

Life Insurance Corp. of India Ltd, or LIC, consistently approved or never opposed resolutions proposed before shareholders of Reliance Industries Ltd (RIL) or any Adani Group company since 1 April 2022, even as it rejected several similar proposals at other large companies, some even part of other conglomerates, a Mint review of about 9,000 voting decisions by the government-run insurer showed.

time to read

1 min

November 28, 2025

Mint Bangalore

Tune into weak signals in a world of data dominance

World War II saw the full fury of air power in battle, first exercised by Axis forces and then by the Allies, culminating in American B-29 bombers dropping atomic bombs on Hiroshima and Nagasaki.

time to read

4 mins

November 28, 2025

Mint Bangalore

When LLMs learn to take shortcuts, they become evil

Some helpful parenting tips: it is very easy to accidentally teach your children lessons you did not intend to pass on.

time to read

2 mins

November 28, 2025

Mint Bangalore

Mint Bangalore

What if China weaponizes its dominance of pharma inputs?

Overdependence on China for drug-making should worry the US

time to read

3 mins

November 28, 2025

Mint Bangalore

VentureSoul closes first debt fund at ₹300 crore

VentureSoul Partners has announced the close of its maiden debt fund at ₹300 crore, with plans to raise an additional ₹300 crore through a green shoe option by February 2026.

time to read

1 min

November 28, 2025

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