Can India leap to the top?

News Snapshot:

Unlike China, India has witnessed an industrial revolution in services. It has the potential to become the largest digital economy in modern services, thanks to the Fourth Industrial Revolution. With more than half a billion internet users in India, twice the size of the US, a rapidly rising middle class, and a large youth bulge in an ageing world, India has the makings of becoming the world’s largest digital economy. The global digital revolution has enabled India to leapfrog several stages of development. India’s labour productivity growth in the digital economy and modern services sector has grown rapidly and exceeds...