DIGITAL SKILLS AS THE NEW GLOBAL CURRENCY IN INDIA'S EMERGING DIGITAL ECONOMY

In the contemporary technology-driven global economy, economic value is increasingly shaped by knowledge-based assets rather than solely by physical or financial capital. Among these assets, digital skills have emerged as a powerful form of global currency, enabling individuals to participate in global labour markets and allowing economies to enhance productivity, innovation, and international competitiveness. This secondary research paper examines the role of digital skills in India’s emerging digital economy using data drawn from government reports, academic journals, industry publications, and policy documents. The study analyses how digital skills influence employability, economic growth, and global integration, while also identifying key skill areas that are driving digital transformation across sectors. Additionally, the paper explores the opportunities created by digitalisation, such as expanded employment and entrepreneurship, alongside challenges including the digital divide, skill gaps, and unequal access to quality training. The study concludes that sustained investment in digital skill development, supported by inclusive policies, industry collaboration, and continuous learning initiatives, is essential for ensuring long-term economic growth and positioning India as a global hub for digital talent.