International Journal of Science, Engineering and TechnologyAuthors: Dr Rashi malik, kunal jangra, Nishit, naman
Abstract: India’s digital economy, especially the FinTech and e-commerce sectors, has witnessed an amazing evolution in the last decade. This analysis assesses the impact of these two high- growth digital sectors on India’s GDP by way of an increase in financial inclusion, better market access, innovation-led growth, and employment generation. With support from government policies such as Digital India, Jan Dhan–Aadhaar–Mobile (JAM) Trinity, UPI, and the National Logistics Policy, India is now one of the world’s fastest growing digital economies. The pace of the digital economy is accelerating national growth, despite obstacles like questions of data privacy, cybersecurity threats, and regulatory intricacies. The study also finds that FinTech and e-commerce are not just sectors but enablers of India’s emergence as a globally competitive, technology-driven economy.
