Impact of Digital Technology on Strong Economic Growth of India.

Authors

Dr. G. Balarangaiah

Professor, Department of Management Studies, Amity University, Hyderabad, Telangana State (India)

Sudhakar Reddy

Assistant professor, Department of Economics, GDCW (A), Mahbubnagar, Telangana state (India)

Article Information

DOI: 10.51584/IJRIAS.2025.101100058

Subject Category: Management

Volume/Issue: 10/11 | Page No: 305-612

Publication Timeline

Submitted: 2025-12-01

Accepted: 2025-12-07

Published: 2025-12-12

Abstract

India has made remarkable progress in digital journey over the past decade. Internet connections increased from 25.15 crore in March 2014 to 96.96 crore June 2024, showing growth of 285.53 percent. The improved mobile infrastructure has helped to a massive surge in internet access. Today, 6,15,836 villages have 4G mobile connectivity, out of 6,44,131 villages in the country as on December 2024. A major part of their digital push has been about connect rural India. Bharat Net project, which was established in January 2025, has brought high- speed internet to over 2.18 lakh km of optical fiber cable has been laid under this scheme.
The Unified Payment Interface (UPI) digital transactions across the country. In the month of April 2025, around 1,867.7 crore transactions worth of 24.77 lakh crore were carried out using UPI in just one moth. In the same way, Aadhar- based e-KYC system, helping for simplifying process in both banking and public services. It is helping for verification faster reducing paper work and brought transparency across different sections of the society. The total 141.88 crore Aadhar cards have been issued as on April 2025 which now became a crucial part of India’s digital backbone helping people access to easy services. Direct Benefits Transfer (DBT) supported Aadhar authentication, providing subsides and welfare payment to the community. This Aadhar cards helping to remove fake beneficiaries and saved money to the government more than Rs 3.48 lakh crore in between 2015 to 2023. This system helped beneficiary databases. The total of 5.87 crore ineligible rations card holders and 4.23 crore fake LPG connections are cancelled, making the welfare programs more transparent. The digital transformation contributed 11.74 percent to the national income in 2022-23 which projected to grow to 13.42 percent by 2024-25 with the advancements in artificial intelligence, cloud computing and digital infrastructure. By 2030, it is expected that digital technology may share one-fifth of national income and making India a leader in the global digital market.

Keywords

UPI, DBI, e-KYC, Cloud Computing, Artificial Intelligence, Digital Information.

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