{"id":7694,"date":"2024-06-30T14:50:50","date_gmt":"2024-06-30T13:50:50","guid":{"rendered":"https:\/\/icertpublication.com\/?page_id=7694"},"modified":"2026-04-03T08:45:09","modified_gmt":"2026-04-03T03:15:09","slug":"conceptualizing-digital-economy-unraveling-its-evolution-and-impact-in-india","status":"publish","type":"page","link":"https:\/\/icert.org.in\/index.php\/shodh-sari-2\/shodh-sari-vol-3-issue-3\/conceptualizing-digital-economy-unraveling-its-evolution-and-impact-in-india\/","title":{"rendered":"Conceptualizing Digital Economy: Unraveling Its Evolution and Impact in India"},"content":{"rendered":"\t\t
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Shodh Sari-An International Multidisciplinary Journal<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Vol-03, Issue-03 (July-Sep 2024)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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An International scholarly\/ academic journal, peer-reviewed\/ refereed journal, ISSN : 2959-1376<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Conceptualizing Digital Economy: Unraveling Its Evolution and Impact in India<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Devi, Bimla<\/span><\/p>

Assistant Professor, Department of Economics, Government College for Women, Hisar, Haryana<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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DOI: <\/span>https:\/\/doi.org\/10.59231\/SARI7729<\/span><\/a><\/p>

Subject: Economics \/ Information Technology<\/span><\/p>

Page No: 210\u2013224<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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Received: Dec 16, 2023<\/span><\/p>

Accepted: May 23, 2024<\/span><\/p>

Published: July 01, 2024<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Thematic Classification: Digital Economy India, Economic Evolution, IT Impact, E-commerce Trends, Digital Infrastructure, Future Economic Models.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Abstract<\/span><\/h1>\n

The present study is an exploration into the historical development of digital economy and its implications in Indian context. The study adopted explorative cum analytical research approach to garner insights into the subject matter. Secondary data sources including journals, books and government reports are main stay of the research to draw the precise inferences. In this context, the key inferences of the study have outlined that <\/span>the advent of technology advancements has significantly altered global socio-economic interactions. The evolution of the digital economy in India showcases a transformative journey marked by technological advancements, policy initiatives, and changing consumer behavior. India is quickly becoming the world’s leading country in the digital economy. Digital technologies, industries, and services exert a substantial influence as stabilizers, lubricants, and enhancers in comparison to the physical economy. As a result, they are regarded as pivotal approaches to mitigate the crisis and drivers of economic growth. Through a number of programmes, including Made in India, Startup India, and Digital India, the Indian government has been aggressively encouraging the use of digital technologies. These programmes seek to improve the adoption of digital technology across a range of industries, including healthcare, education, and agriculture, while also fostering an atmosphere that supports the growth of start-ups. India’s economy and society have been greatly impacted by the digital economy. It has increased production, produced jobs, and given more people access to opportunities and services. E-commerce, digital payments, and online education are just a few of the new industries and business models that have emerged as a result of the expansion of the digital economy.<\/span><\/p>\n


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 <\/span>Keywords<\/span>:<\/span> <\/span>Development, Digital, Economy, Innovation, Technology<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Impact Statement\u00a0<\/span><\/p>

Impact of Digital India on education system:<\/span>
<\/span>
<\/span>There are many impacts of Digital India on education system, but I will list only important ones.<\/span>
<\/span>
<\/span>Positive impacts:<\/span>
<\/span>
<\/span>1. Great accessibility to information<\/span>
<\/span>
<\/span>2. Develops Inquire based learning<\/span>
<\/span>
<\/span>3. Develops Problem based learning<\/span>
<\/span>
<\/span>4. Develops Project based learning<\/span>
<\/span>
<\/span>5. Great exposure<\/span>
<\/span>
<\/span>6. Reduces the cultural gap and removes the boundary<\/span>
<\/span>Negative Impacts:<\/span>
<\/span>
<\/span>1. Information Authenticity – Getting confused with the right and wrong information\u2019s<\/span>
<\/span>
<\/span>due to information authenticity<\/span><\/p>

2. Copyrights issue \u2013 Unknowingly one can be culprit, just by copy and paste.<\/span>
<\/span>
<\/span>3. Irrelevant advertisements will derail your info hunt.<\/span>
<\/span>
<\/span>4. Data security \u2013 Root cause of next world war is not because of land, water, power or<\/span>
<\/span>
<\/span>any other greediness. It\u2019s just because of data infiltration\u00a0<\/span><\/p>

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About Author<\/span><\/p>

<\/span><\/p>

Ms Bimla Devi, assistant professor in economics, government College for women Hisar, state Haryana<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Cite this Article<\/span><\/p>

APA 7th Style:<\/span> Devi, B. (2024). Conceptualizing digital economy: Unraveling its evolution and impact in India. <\/span>Shodh Sari-An International Multidisciplinary Journal<\/span>, <\/span>3<\/span>(03), 210\u2013224. <\/span>https:\/\/doi.org\/10.59231\/SARI7729<\/span><\/a><\/p>

Chicago 17th Style:<\/span> Devi, Bimla. “Conceptualizing Digital Economy: Unraveling Its Evolution and Impact in India.” <\/span>Shodh Sari-An International Multidisciplinary Journal<\/span> 3, no. 3 (2024): 210\u2013224. <\/span>https:\/\/doi.org\/10.59231\/SARI7729<\/span><\/a>.<\/span><\/p>

MLA 9th Style:<\/span> Devi, Bimla. “Conceptualizing Digital Economy: Unraveling Its Evolution and Impact in India.” <\/span>Shodh Sari-An International Multidisciplinary Journal<\/span>, vol. 3, no. 3, 2024, pp. 210-224, <\/span>https:\/\/doi.org\/10.59231\/SARI7729<\/span><\/a>.<\/span><\/p>

\u00a0<\/b><\/p>

Statements & Declarations<\/span><\/p>

Review Method:<\/span> This article underwent a double-blind peer-review process by independent experts in Digital Economics and Public Policy to evaluate the chronological analysis of India’s digital transformation and the robustness of the economic impact assessment.<\/span><\/p>

Competing Interests:<\/span> The author Bimla Devi declares that there are no financial, personal, or professional conflicts of interest that could have inappropriately influenced the research findings or the analysis of the digital economy presented in this study.<\/span><\/p>

Funding:<\/span> This research was conducted as part of the author\u2019s academic activities at the Government College for Women, Hisar. No specific external grants or commercial funding from Fintech or Telecommunication corporations were received for this work.<\/span><\/p>

Data Availability:<\/span> The analysis is based on a synthesis of secondary data from the Reserve Bank of India (RBI), Ministry of Electronics and Information Technology (MeitY), and various global economic reports. All referenced data points and historical milestones are cited within the manuscript.<\/span><\/p>

License:<\/span> Conceptualizing Digital Economy: Unraveling Its Evolution and Impact in India<\/span> \u00a9 2024 by Bimla Devi is licensed under <\/span>CC BY-NC-ND 4.0<\/span>. This work is published by the International Council for Education Research and Training (ICERT).<\/span><\/p>

Ethics Approval:<\/span> As this study is a theoretical and secondary data-based economic review and does not involve direct experimentation on human participants, it was deemed exempt from formal ethical review by the Institutional Research Committee.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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    \n\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tBack<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

    Shodh Sari-An International Multidisciplinary Journal Vol-03, Issue-03 (July-Sep 2024) An International scholarly\/ academic journal, peer-reviewed\/ refereed journal, ISSN : 2959-1376 Conceptualizing Digital Economy: Unraveling Its Evolution and Impact in India Devi, Bimla Assistant Professor, Department of Economics, Government College for Women, Hisar, Haryana DOI: https:\/\/doi.org\/10.59231\/SARI7729 Subject: Economics \/ Information Technology Page No: 210\u2013224 Received: Dec […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":7443,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"postBodyCss":"","postBodyMargin":[],"postBodyPadding":[],"postBodyBackground":{"backgroundType":"classic","gradient":""},"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-7694","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/icert.org.in\/index.php\/wp-json\/wp\/v2\/pages\/7694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icert.org.in\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/icert.org.in\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/icert.org.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/icert.org.in\/index.php\/wp-json\/wp\/v2\/comments?post=7694"}],"version-history":[{"count":9,"href":"https:\/\/icert.org.in\/index.php\/wp-json\/wp\/v2\/pages\/7694\/revisions"}],"predecessor-version":[{"id":31483,"href":"https:\/\/icert.org.in\/index.php\/wp-json\/wp\/v2\/pages\/7694\/revisions\/31483"}],"up":[{"embeddable":true,"href":"https:\/\/icert.org.in\/index.php\/wp-json\/wp\/v2\/pages\/7443"}],"wp:attachment":[{"href":"https:\/\/icert.org.in\/index.php\/wp-json\/wp\/v2\/media?parent=7694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}