The report is based on a peer-reviewed research paper “Estimation of Economic Impact of National Open Digital Ecosystems” in “ICT with Intelligent Applications. Smart Innovation, Systems and Technologies,” vol 248. Springer, Singapore. https://doi.org/10.1007/978-981-16-4177-0_4 u, by the Centre for Digital Economy Policy Research. The report analyzes and extrapolates the case of open systems of the Indian Railways Catering and Tourism Corporation (IRCTC).
The study estimates that open digital ecosystems would have added an economic value of USD 147.59 b to the Indian GDP in 2019, which is approximately 5% of the GDP.
This report is made by C-DEP which summarizes the Indian economy on all aspects from macro to micro level. Major highlights of the report are;
- Digital India outlay of US $17.5 billion;
- India emerged as the top FDI destination in 2017, receiving $63 billion;
- Proactive government and geopolitics creating opportunities outside India with Africa, Middle East, Latin America, South Asia;
- Startups are witnessing rapid growth in India owing to easy access to technology, rapid growth of internet and deeper penetration of mobile technology;
- India rank in 2015 was 142 (out of 189 economies) in the World Bank ease of Doing Business Ranking 2015
The Centre for Digital Economy Policy Research (C-DEP), in partnership with IIT Delhi, conceptualized and created a national level platform for Best Practices in Public Procurement held on 17th July 2013 at IIT Delhi.
The key issues which impact the digital economy that were discussed were:
- Implementation of the ERV Clause in DGS&D RCs
- Continuation of Centralized payment structure through CCA
- Recognizing Existing IPR in Government Procurement Contracts.
- Strengthening Quality Control through DGS&D Green Channel.
- Standards Aware Procurement
- Setting mechanisms for procuring the New Way of IT – Cloud, managed services etc
- Creating a mechanism to support innovation procurement by the government
The Centre for Digital Economy Policy Research (C-DEP) appreciates the high quality of the draft policy on ICT&E R&D.
C-DEP believes that the policy can be further enhanced by also bringing in focus on non-structured innovation, especially those coming from MSME’s and vocational centres and by focusing on institutionalized processes for roping in large domestic corporations early on into a R&D lifecycle, in order to ensure appropriate commercializations and economic benefits.
The purpose of the document is to provide inputs to the draft Policy on R&D in ICT&E by the Department of Electronics and Information Technology, Ministry of Communication and Information Technology, Government of India, in order to strengthen the policy.
The Centre for Digital Economy Policy Research (C-DEP) supports the Indian government’s decision to create a single guideline for public procurement as outlined in the Public Procurement Bill 2012. With a view to synchronize the Government’s procurement policies as currently followed by the DGS&D with the PPB 2012, C-DEP’s observations are given in the following document.
C-DEP recommends that;
- Payment terms, should be revised to a 98:2 ratio from the current 50:50 ratio,
- The Ministry of Finance reinstates the Suspense Account, and creates a reliable screening mechanism till such time that the Suspense Account is reinstated,
- The Chief Controller of Accounts (CCA) strengthens the payment process by tracking and updating the registration of authorized signatories who can ask payments to be released to vendors,
- DGS&D rate contracts allow for a structured process for product upgradation during the time period of a rate contract,
- The DGS&D moves towards accepting digitally signed documents that do not require ink signed backup copies,
- OEM test reports in case of ERTL certification requirements be accepted by DGS&D, and
- The DGS&D creates a mechanism for seamless validity of rate contracts.