Digitalization and Indian economy: patterns and questions

Digital technologies play a crucial role in enhancing the competitiveness of the economy and promoting economic growth in many countries. The paper is dedicated to the development of digitalization in the modern economy of India and its impact on economic processes that determine the country's...

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Veröffentlicht in:SHS web of conferences 2021, Vol.114, p.1010
Hauptverfasser: Lazanyuk, Inna, Modi, Swati
Format: Artikel
Sprache:eng
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Zusammenfassung:Digital technologies play a crucial role in enhancing the competitiveness of the economy and promoting economic growth in many countries. The paper is dedicated to the development of digitalization in the modern economy of India and its impact on economic processes that determine the country's economic growth. We analyzed changes in unemployment, debit and credit card transactions, indirect tax revenues, exports, and trade volumes. In this work, we used analysis and methods of correlation-regression analysis. We found a positive relationship between the number of debit and credit card transactions for indirect tax collection. We confirmed that digitalization had influenced the growth of exports and trade volumes by increasing the role of e-commerce while not increasing the unemployment rate.
ISSN:2261-2424
2416-5182
2261-2424
DOI:10.1051/shsconf/202111401010