SHS Web Conf.
Volume 114, 2021VIII International Scientific Conference New Trends, Strategies and Structural Changes in Emerging Markets (NTSSCEM 2021)
|Number of page(s)||8|
|Published online||13 July 2021|
Digitalization and Indian economy: patterns and questions
1 RUDN University, Miklukho-Maklaya str.6, 117198 Moscow, Russia
2 GLS Institute of Business Administration, GLS University, Opp. Law Garden, Ellisbridge, 380006 Ahmedabad, India
* Corresponding author: email@example.com
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.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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