TTSL study: How mobile phones contribute to your economic prosperity

TTSL study on mobile service and economy
A Tata Teleservices study (TTSL) study explains how mobile phones contribute to your economic prosperity.

Indian households possessing mobile devices enjoy 62 percent higher level of economic prosperity compared to non mobile-owning households, said a study published by Tata Teleservices and the Tata Institute of Social Sciences.

Mobile phone-owning households in urban communities are 85 percent better off in economic terms.

Urban households of Chandigarh and Assam enjoy 140 percent higher level of economic prosperity than their non-mobile phone owning counterparts.

Rural households of Uttaranchal, Daman & Diu and Andaman and Nicobar gain from mobile phones.

“Mobile services ranging from financial and health, to education and entertainment, are driving levels of wellbeing across the country,” said Elango Thambiah, president – Mobility of Tata Teleservices.

“The Multiplier Effect of mobile telephony is palpable across India; services such as employment portals, payment platforms, health and information services, and educational courses have not merely captured the imagination of local consumer but are driving up their quality of life in economic, social, health and educational terms,” Thambiah said.

Facts and figures on socio-economic wellbeing using the mobile

The mobile ecosystem contributes directly to 730,000 jobs and an additional 2 million jobs when points of sale and distributors are included.

The mobile phone has the potential to serve 250 million by 2020 with financial services

It has the potential to help 300,000 students to gain employment through grade improvement by offering m-education.

There are around 45 million vernacular content users in India (PC and mobile internet users).

There is a 4 percent reduction in mortality rates with help of mother and child mobile tracking initiative.

High compliance rates for successful administration of TB medicines enabled by mobile applications have resulted in low TB medicine default rate.

Mobile apps have resulted in an approximate 50 percent drop in price volatility of agricultural products, 10-15 percent increase in farmer profits and up to 5 percent drop in consumer prices.

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