DIGITAL ECONOMY AND GDP GROWTH: A SECONDARY DATA ANALYSIS OF EMERGING MARKETS IN INDIA
DOI:
https://doi.org/10.65009/0m1nkj41Keywords:
Digital Economy, GDP Growth, Emerging Markets, India, Fintech, E-commerce, Digital Infrastructure, Economic Development,,Abstract
The digital economy has emerged as a transformative force influencing economic
growth, productivity, and structural development in emerging markets. This research paper
examines the relationship between the digital economy and GDP growth in India using
secondary data sources. The study analyzes key components such as digital infrastructure, e
commerce expansion, fintech adoption, and digital governance. It further evaluates GDP
growth trends alongside digital transformation indicators. The findings suggest a strong
positive correlation between digital penetration and economic expansion, particularly in sectors
like services, finance, and retail. The paper concludes that sustained investment in digital
infrastructure and inclusive access is critical for long-term economic growth in emerging
markets like India.
References
Government of India. (2023). Economic Survey 2022–23. Ministry of Finance.
Reserve Bank of India. (2023). Annual Report 2022–23. RBI Publications.
Ministry of Electronics and Information Technology (MeitY). (2023). Digital India
Programme Report. Government of India.
National Payments Corporation of India. (2023). UPI Product Statistics. Retrieved
World Bank. (2023). World Development Report: Digitalization for Development.
World Bank Publications.
International Monetary Fund. (2022). India Country Report No. 22/386. IMF
Publications.
NASSCOM. (2023). Strategic Review: Indian Tech Industry.
Statista. (2023). Digital Economy in India – Market Data and Insights. Retrieved from
Telecom Regulatory Authority of India. (2023). Telecom Subscription Data Reports.
KPMG. (2023). India’s Digital Economy Report. KPMG India.
McKinsey & Company. (2023). Digital India: Technology to Transform a Connected
Nation.
Internet and Mobile Association of India. (2023). Internet in India Report.
