From Inclusion To Innovation: The Impact Of Digital Economy On India'S Development

Abstract

The digital economy has played a transformative role in India’s development, driving economic growth and innovation while addressing socio-economic disparities. This research explores how the digital economy influences India’s socio-economic transformation, with a focus on the transition from inclusion to innovation. The study examines the multifaceted impact of digital tools on employment, governance, and sectoral growth, emphasizing both urban and rural populations. The objectives of the study were: (1) to assess how the digital economy contributed to economic inclusion by enhancing access to financial services and employment opportunities, (2) to identify the challenges of digital adoption, such as infrastructure gaps, digital literacy, and regulatory barriers, and (3) to evaluate the role of the digital economy in fostering innovation in sectors like education, healthcare, and governance, and its potential to drive sustainable development.