Correct Answer: D
Explanation:
India is making slow progress on covering the gap between “smart” and “feature” phones, according to a study, which said only 17 per cent of the Indian population owned a smartphone in early 2016.
While cellphone pick-up is strong, the gap between “smart” and “feature” phones in circulation is wider than ever before, according to ‘Digital Evolution Index 2017’, a study by the Fletcher School at Tufts University in partnership with MasterCard.
India’s stubborn cash economy meant it took demonetisation by government decree to wean Indians away from notes and coins – an event that saw mobile wallet provider Paytm claim 170 million users in just a few months.
India is an interesting example of a nation with a growing mobile internet gap. The country has been adding more mobile subscriptions and fewer mobile internet subscriptions.
Only 17 per cent of the Indian population owned a smartphone in early 2016.
India has done a great job of adding more mobile users, but the country is tapering off its broadband, which presents a challenge.
It is not a problem of availability – it’s a vast country and the most vibrant telecom market in the world. But affordability remains an issue.
The study also noted the popularity of services like M- Pesa, rooted in older technology but demonstrating the potential for growth through data-enabled mobile solutions in India as well as across Africa.
M-Pesa, a money transfer service launched in 2007 in Kenya, has spread across Africa, India and parts of Eastern Europe.
Digital Evolution Index 2017: Know More
The Fletcher School at Tufts University in partnership with Mastercard, unveiled the Digital Evolution Index 2017.
This Index is a comprehensive research that tracks the progress countries have made in developing their digital economies and integrating connectivity into the lives of billions.
The Index measures four key drivers – supply, consumer demand, institutional environment, and innovation.
India has featured among 60 nations on Digital Evolution Index 2017, exhibiting a high potential in terms of digital payments.