Influences of Financial Inclusion on Sustainable Development of India: Using Internet Subscribers as a Moderator

• 영문명: Influences of Financial Inclusion on Sustainable Development of India: Using Internet Subscribers as a Moderator
• 발행기관: 한국유통과학회
• 저자명: Swapnil Singh THAKUR Rahul Singh GAUTAM Ajay Kumar YADAV Hitesh PATOLE Aashi RAWAL Shailesh RASTOGI
• 간행물 정보: 『The Journal of Asian Finance, Economics and Business(JAFEB)』Vol. 10 No.2, 29~39쪽, 전체 11쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2023.02.28

영문 초록

The goal of this study is to understand how financial inclusion (FI) as influenced by Internet subscribers in India, affects India’s Sustainable Development Goals (SDG). This study makes use of secondary data that was collected from 16 Indian states and one Union Territory between the fiscal years of 2018 and 2020. The goal of this study has been investigated using panel data regression analysis (PDR). And the study’s findings indicate that wages received through MNREGA accounts and post office operating accounts under the supervision of Internet subscribers have a significant negative impact on India’s SDGs, demonstrating how financial inclusion is harming the country’s efforts to achieve sustainable development. This study suggests that it is important to pay attention to rural areas’ access to the digital environment and their degree of digital literacy. These findings imply that improving the MGNREGA program and employees’ pay might help the government alleviate poverty in India. Financial inclusion also depends heavily on financial literacy. The government should improve its digital infrastructure in rural and urban areas so that people there may better understand and utilize it given that it promotes financial inclusion, digitalization, economic advancement, rural development, and poverty reduction.

목차

1. Introduction

2. Literature Review and Hypothesis Development

3. Data and Research Methodology

4. Empirical Results

5. Discussion

6. Conclusion

References

키워드

Financial Inclusion MNREGA Post Office India Sustainable Development Goal