UGC Approved Journal no 63975(19)
New UGC Peer-Reviewed Rules

ISSN: 2349-5162 | ESTD Year : 2014
Volume 13 | Issue 4 | April 2026

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Published in:

Volume 11 Issue 3
March-2024
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2403357


Registration ID:
534390

Page Number

d464-d470

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Title

IMPACT OF DIGITAL INDIA ON FOSTERING FINANCIAL INCLUSION & ECONOMIC GROWTH

Abstract

The Digital India program, launched in 2015, is a government initiative to transform India into a digitally empowered and knowledge economy. The nine pillars of Digital India include broadband infrastructure, mobile connectivity, public internet access, e-governance, electronic delivery of services, information for all, electronics manufacturing, IT for jobs, and early harvest programs. The program aims to provide various advantages, such as increased electronic transactions, improved internet connectivity, and the establishment of digital villages.The impact of Digital India includes increased financial inclusion, India's third position in digital payments globally, the establishment of a world-class fintech hub, and the growth of startups.UPI's popularity and its substantial growth with the total transaction value reaching INR 125.95 trillion by the end of 2022 has contributed significantly to the growth of the digital economy in India.The growth of internet and smartphone penetration has fuelled the e-commerce market, expected to reach $200 billion by 2026, contributing to the expansion of the digital payments ecosystem.DigiDhan Mission focuses on creating digital infrastructure for financial transactions.In conclusion, Digital India has made remarkable progress in various sectors, fostering economic growth, financial inclusion, and the adoption of digital technologies across the country.

Key Words

Digital India, Financial Inclusion, Economic Growth, Digital Infrastructure, Global FinTech Hub – GIFT City, Startup Growth, Digital Payments

Cite This Article

"IMPACT OF DIGITAL INDIA ON FOSTERING FINANCIAL INCLUSION & ECONOMIC GROWTH", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 3, page no.d464-d470, March-2024, Available :http://www.jetir.org/papers/JETIR2403357.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"IMPACT OF DIGITAL INDIA ON FOSTERING FINANCIAL INCLUSION & ECONOMIC GROWTH", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 3, page no. ppd464-d470, March-2024, Available at : http://www.jetir.org/papers/JETIR2403357.pdf

Publication Details

Published Paper ID: JETIR2403357
Registration ID: 534390
Published In: Volume 11 | Issue 3 | Year March-2024
DOI (Digital Object Identifier):
Page No: d464-d470
Country: -, -, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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