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COMPUTATIONAL INDIAN ECONOMY: 6 T’S BASED APPROACH
BAIDYANATH RAM
1
& PROF.VIKASH KUMAR SINGH
2
1,2
Department of Computer Science,Indira Gandhi National Tribal University- Amarkantak, MP, India
ABSTRACT
The development of science and technology has been a significant contributor to the development of socio-economic and
human values. India has been a witness to the changing social and economic activities since ancient times. India has been
the world's largest economic power as well as on the pedestal of world economy. It has been the center of various economic
and social activities that is striving to give the distinction of being the world's largest economic, social and democratic
country fostering social and economic justice and maintaining a harmonious relationship among them.
India is committed to promote 6 T’s ( Tradition, Talent, Tourism, Tribe, Trade and Technology) based economy and also to
fulfill the 17 sustainable development goals of United Nations development programs. It wants to incorporate its traditional
knowledge, skills, trade, science and tourism in its original form which eventually promote indigenous self-reliant and foster
a sense of self being. This will not create self reliant economy but also sound social and economic strata. The integration of
technology into India's economic activities in recent decades is clearly visible. Since the 90’s, Technology has been an
important contributor to the Indian government's economic plans to promote free trade, tourism, bridging the digital gap
and communication. India's fast growing economy can only be operated and coordinated, collaborated and managed among
the peers with the help of technology.
In this paper, we will discuss the impact of computational economy in perspective of Indian economical and social
development and delivering social justice to the citizen of India.
Keywords: Computational Economy, Sustainable Development, Self-Reliant Economy, Social and Economic Justice.
Received: AUG 26, 2023; Accepted: SEP 10, 2023; Published: SEP 25, 2023; Paper Id.: IJCSEITRDEC20234
1. INTRODUCTION
India's economy is the sixth largest in the world and is expanding at the second-fastest rate. The IMF's World Economic
Outlook (April 2022) estimates that India's GDP was $3.05 trillion in 2020, growing at an 8.94% annual pace. After
Independence, a sluggish economy has made significant progress. The world's sixth-largest economy and third-fastest
rising superpower is India. The international economy with the quickest growth rate is shown in the graph below.
Original Article
International Journal of Computer Science Engineering
and Information Technology Research (IJCSEITR)
ISSN (Print) : 2249-6831 ISSN(Online) : 2249-7943
Vol. 13, Issue 2, Dec 2023, 27–32
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