New Delhi, Oct. 14 -- Earlier this year, the Indian Prime Minister announced his plans to make India a USD 5 Trillion economy by 2024. The Prime Minister clearly has confidence in the country's potential and is convinced that even though this target may seem difficult to meet, it is however achievable.

The Prime Minister isn't overreaching with this goal. India has the potential to meet its objective if it taps into one of its booming yet sometimes overlooked sectors - the digital economy. India has the second largest digital consumer base in the world and is one of the fastest growing economies.

The IT Ministry has pointed out that India can create over $ 1 Trillion of economic value from the digital economy considering the number of o...