Digital Future: The Intersection of Technology, Sustainability, and Socio-Economic Development in India
Ms Shalini Porwal,
Research Scholar, Department of Commerce, School of Business Management, CSJMU, Kanpur
Dr Najmi Shabbir,
Assistant Professor, Department of Commerce, School of Business Management, CSJMU, Kanpur.
ABSTRACT:
In an era characterized by unprecedented technological advancements and digital innovation, the role of digital transformation in fostering sustainable socio-economic growth has become paramount for nations across the globe. India, as one of the world’s most populous and dynamically developing countries, stands at the forefront of this digital evolution. This research paper seeks to analyze and explain the various impact of digital transformation on India’s journey towards achieving sustainable Socio-economic growth. Sustainable Socio-economic growth in India refers to a development model that focuses on long term well-being while preserving environmental and social resources. It typically involves Economic Development, Social Equity, Environmental Sustainability, Inclusive Growth, Infrastructure Development, Skill Development, Healthcare, Good Governance, Global Engagement, etc.
In addition to offering faster access to necessary services, numerous digital efforts have promoted for social and economic advancement, the intension of this research is to carefully examine the underlying process that have enabled India’s Socio-economic success as a result of digital transformation. The study emphasizes that digital transformation in India is not merely a technological evolution but a transformative force that has the potential to redefine socio-economic paradigms. The findings highlight the importance of harnessing digital innovation while addressing the associated challenges to ensure that the benefits of digital transformation are shared by all segments of society, ultimately driving India towards a path of sustainable socio-economic growth and development.
KEYWORDS: Digital Transformation, Sustainable Growth, Socio-Economic Development, Digitalization, Technology.