International Journal of Social Science & Economic Research
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Title:
An Exploratory Study on the Financial Inclusion of Digitalisation of the Indian Economy on the Rural and Urban Sectors in India and their role in meeting Macroeconomic Goals

Authors:
Tara Karni Devi Bajaj

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Tara Karni Devi Bajaj
Step By Step School Noida

MLA 8
Bajaj, Tara Karni Devi. "An Exploratory Study on the Financial Inclusion of Digitalisation of the Indian Economy on the Rural and Urban Sectors in India and their role in meeting Macroeconomic Goals." Int. j. of Social Science and Economic Research, vol. 9, no. 10, Oct. 2024, pp. 4224-4243, doi.org/10.46609/IJSSER.2024.v09i10.017. Accessed Oct. 2024.
APA 6
Bajaj, T. (2024, October). An Exploratory Study on the Financial Inclusion of Digitalisation of the Indian Economy on the Rural and Urban Sectors in India and their role in meeting Macroeconomic Goals. Int. j. of Social Science and Economic Research, 9(10), 4224-4243. Retrieved from https://doi.org/10.46609/IJSSER.2024.v09i10.017
Chicago
Bajaj, Tara Karni Devi. "An Exploratory Study on the Financial Inclusion of Digitalisation of the Indian Economy on the Rural and Urban Sectors in India and their role in meeting Macroeconomic Goals." Int. j. of Social Science and Economic Research 9, no. 10 (October 2024), 4224-4243. Accessed October, 2024. https://doi.org/10.46609/IJSSER.2024.v09i10.017.

References

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[2] . Bhattacharjee, B., Kumar, S., Verma, P., & Maiti, M. (2024). Determinants of digitalization in unorganized localized neighborhood retail outlets in India. Journal of Theoretical and Applied Electronic Commerce Research, 19(3), 1699–1716. https://doi.org/10.3390/jtaer19030083
[3] . Charles, L., Xia, S., Coutts, A. P., & International Labour Organization. (2022). Digitalization and employment. International Labour Organization. https://www.ilo.org/wcmsp5/groups/public/--ed_emp/documents/publication/wcms_854353.pdf
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[6] . Economic Issues No. 26--Rural Poverty in Developing countries: Implications for Public policy. (2001, March 13). https://www.imf.org/external/pubs/ft/issues/issues26/
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[10] . NITI Aayog, Rao, K. R., Kumar, K., Gupta, R., Khurana, S., Verma, K. N., Chandra, S., Singh, R. R., Dharap, O., Sasikumar, S. K., Abraham, V., Padhi, B., V. V. Giri National Labour Institute, Centre for Development Studies, BITS-Pilani, Dasgupta, I., Sachdeva, S., Raman, A., Banswal, C., . . . Amitabh. (2022b). India’s booming gig and platform economy: Perspectives and recommendations on the future of work [Report]. https://www.niti.gov.in/sites/default/files/2022-06/25th_June_Final_Report_27062022.pdf
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ABSTRACT:
Digitalisation in India is important for financial inclusion of the rural and urban sectors and achieving the country’s macroeconomic goals. In examining the transformative influence of digital technologies, particularly in small businesses like kirana stores and the gig economy, it has empowered individuals, increased access to financial services, and boosted productivity. Adopting this technology has reduced unemployment, promoted women's empowerment, and enhanced overall economic development. Despite the positive outcomes, challenges such as digital literacy gaps, limited accessibility, and job insecurity in the gig economy remain. Digitalisation offers a vast potential for inclusive growth and economic progress; continued efforts are needed to ensure equitable access and sustainable development across India’s diverse population.

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