Karnataka Digital Economy Mission Office inaugurated to increase contribution of digital economy
The Karnataka Digital Economy Mission (KDEM) office in India was launched to help increase the contribution of the digital economy to the gross state domestic product to 30%. The state government envisages the KDEM to be industry-friendly and to this purpose has permitted a 51% stake to industry associations while retaining a minority holding of 49%. Furthermore, to reduce the rural-urban divide, the government will improve connectivity to remote parts and establish the required infrastructure to provide 24/7 electricity.