International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

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Volume 8 Issue 2
March-April 2026

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The Impact of Digital Financial Infrastructure on Economic Growth: Evidence from India

Author(s) Ms. Chitra M, Dr. Mritunjay Mahato
Country India
Abstract Digitalization has emerged as a major driver of economic transformation in developing economies. This study examines the impact of digitalization on economic growth in India by analyzing digital infrastructure, digital payments, internet penetration, and mobile connectivity. Secondary data were collected from credible sources, including the Reserve Bank of India (RBI), World Bank, International Monetary Fund (IMF), and the Telecom Regulatory Authority of India (TRAI). Using econometric techniques such as regression analysis, stationarity tests, and cointegration models, the study investigates the relationship between digitalization indicators and GDP growth. The findings indicate that digital payments, internet penetration, and mobile connectivity significantly contribute to economic growth by improving financial inclusion, productivity, and market access. However, challenges such as the digital divide, infrastructure gaps, and digital literacy issues continue to affect inclusive digital development. The study highlights policy recommendations aimed at improving digital infrastructure, expanding rural connectivity, and promoting digital literacy to ensure sustainable and inclusive economic growth.
Keywords Digitalization; Economic Growth; Digital Payments; Internet Penetration; Mobile Connectivity; Financial Technology (FinTech); Digital Infrastructure; Financial Inclusion; Digital Economy; Emerging Markets.
Published In Volume 8, Issue 2, March-April 2026
Published On 2026-03-19
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E-ISSN 2582-2160
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