scholarly journals Information and Communication Technology (ICT) Infrastructure and Financial Inclusion in India

ICT (Information and Communication Technology ) is the mostly discussed and observed subject matter now a days. In the all round progress of an economy , this sector has a key role to play. An economy cannot thrive well with proper information and communication technology. In driving the development of financial inclusion and sustainable development the role played by information and communication technology , cannot be overlooked. This infrastructure plays a crucial role ,enhancing the technical progress and thereby total productivity of the economy. Moreover previous findings have also showed a positive correlation of ICT on economic growth. This paper studies the role of ICT by using a multiple regression analysis. We have used mainly secondary data to arrive a logical conclusion. It is expected that this paper will help the policy makers and the researchers in analyzing and understanding the importance of financial inclusiveness for economic development.

1970 ◽  
Vol 3 (4) ◽  
pp. 247-254
Author(s):  
S. A. Saiyed

The main objective of this study is to analyse importance of e-commerce in economic growth process. Therefore in this paper the attempt is made to examine the economic implications of e-commerce in India and Canada. So we can have a comparative picture of the role of e-commerce in economic growth in developing country like India and a developed country, Canada. E-commerce includes use of Internet and Information and Communication Technology. Both Internet and Information and Communication Technology (ICT) are components of infrastructure. Development of infrastructure directly contributes to economic development. Therefore the objective of this paper is also to study the role of ICT and Internet in economic development of India and Canada.


2020 ◽  
Vol 5 (2) ◽  
pp. 191
Author(s):  
Muhammad Arfan Pratama

Corruption is an extraordinary crime which gives domino effect on government systems. The impacts include low economic growth and high poverty rate. Corruption enriches certain class only so that the budget which is allocated for the development of the country cannot be fully absorbed. Public service facilities for health, education, and administration cannot operate optimally due to the stalled building construction. To increase the economic growth of a country, a structured improvement is needed by involving the role of citizen in monitoring the government system. The development of Information and Communication Technology (ICT) enhances the transparency of ongoing government systems and public services. Studies conducted by Qiang (2009) and Andersen (2009) showed that the implementation of ICT proved to be able to increase economic growth in developing and developed countries with an increase in GDP. Khan and Majeed (2019) also proved that the implementation of ICT and E-Government also increased GDP for Southeast Asian countries in the period 1980-2015. The ICT developments include e-government, big data analysis, blockchain technology, and whistleblowing systems. The implementation of ICT in government systems, such as licensing systems and procurement systems, provides increased transparency and quality so that economic growth also increases. It takes a lot of money to implement ICT in the government system, but it also becomes an opportunity for state officials to abuse their authority. An example of the use of ICT in Indonesia is the procurement of E-ID Cards. Therefore, the integrated whistleblowing system can be sought to guard the benefits of implementing ICT in increasing economic growth.


2018 ◽  
Vol 10 (10) ◽  
pp. 3750 ◽  
Author(s):  
Elena Toader ◽  
Bogdan Firtescu ◽  
Angela Roman ◽  
Sorin Anton

The accelerated development of information and communication technology (ICT) over the past two decades has encouraged an increasing number of researchers to examine and measure the impact of this technology on economic growth. Our study aims to identify and evaluate the effect of using ICT infrastructure on economic growth in European Union (EU) countries for a period of 18 years (2000–2017). Using panel-data estimation techniques, we investigate empirically how various indicators of ICT infrastructure affect economic growth, proxied in our study by GDP per capita. Within the estimates, we have included some macroeconomic control variables. Our results indicate a positive and strongly effect of using ICT infrastructure on economic growth in the EU member states, but the magnitude of the effect differs depending on the type of technology examined. Regarding the impact of macroeconomic factors, our estimates indicate that inflation rate, unemployment rate, the degree of trade openness, government expenditures, and foreign direct investments would significantly affect GDP per capita at EU level. The findings are broadly similar to the theoretical predictions, but also to the findings of some relevant empirical studies. Our research reveals that ICT infrastructure, along with other macroeconomic factors, is an important driver of economic growth in EU countries.


2019 ◽  
Vol 1 (1) ◽  
pp. 18-25
Author(s):  
Erni Ratnadewi

Facing the challenges of globalization in the field of education, the presence of information and communication technology has a significant influence on learning activities. The main challenge, including even the most sophisticated education system, lies in the capacity of educators to use ICT effectively in educational activities. The contribution of ICTs in building new relationships between higher education and the community, to bridge the education gap, policy makers are required to prepare strategies to produce knowledge-based skills and capacities. This type of research is qualitative. The data source consists of primary data and secondary data. Research informants are users or users of E-learning. Data collection techniques in the form of literature review of books, journals, reports on the use of information and communication technology in the education field from updated sources and observed case observations. Data analysis techniques include data reduction, data presentation and data verification. The results of the study found that the benefits of ICT for education functioned as a tool for lifelong learning; bring changes in the role of educators in teaching and the role of learners in learning; provide open access to material and interactive information through the network; eliminate time and space constraints in the learning environment; support learning and education organizations and management; and open opportunities for collaboration. Integration of ICT in e-learning into a process of internalizing values ​​in ICT learning can be transformed, so that by integrating education in e-learning as teaching material, habituation, assignment, and exemplary become integral, holistic parts, which are continually being studied, understood, practiced in everyday life. The contribution of ICT in e-learning to the success of the world of education is a strategy of implementation and professional development in the field of ICT must refer to learning and teaching activities


Economies ◽  
2019 ◽  
Vol 7 (1) ◽  
pp. 21 ◽  
Author(s):  
Raéf Bahrini ◽  
Alaa Qaffas

The present study aims to evaluate the impact of information and communication technology (ICT) on the economic growth of selected developing countries in the Middle East and North Africa (MENA) region and the Sub-Saharan Africa (SSA) region by using a panel Generalized Method of Moment (GMM) growth model over the period 2007–2016. The results extracted from the econometric model show that except fixed telephone, other information and communication technologies such as mobile phone, Internet usage, and broadband adoption are the main drivers of economic growth in MENA and SSA developing countries over the recent period 2007–2016. In addition, our findings confirm the superiority of MENA countries over SSA countries in the areas of Internet usage and broadband adoption. From a policy perspective, the results suggest that authorities in MENA and SSA countries should increase investments in ICT infrastructure. To benefit from the ICT drivers of economic growth, policymakers should enact several important policies that permit the development of financial sectors, provide a more convenient regulatory and institutional environment, increase economy openness, prioritize the allocation of resources to the development of ICT infrastructure, and contain the negative effects of inflation and government consumption.


Author(s):  
T.P. Pavan Kumar

This paper discusses the role of Information and Communication Technology (ICT) for economic growth in Andhra Pradesh, a state in India. It looks at demographics of the State and discusses various initiatives by the State Government to transform into a knowledge economy. The paper looks at the various ways to use ICT for economic development and to bridge the digital divide.


Author(s):  
Rima Untari ◽  
Dominicus Savio Priyarsono ◽  
Tanti Novianti

Information and Communication Technology (ICT) plays an important role in supporting economic growth and overcoming income inequality. ICT infrastructure functions to facilitate the use of ICT by economic actors through ICT devices. Previous research used more data between countries or between districts/cities while Indonesia consisted of provinces with different social and economic characteristics. Therefore, the purpose of this study is to analyze the impact of ICT infrastructure on economic growth and income inequality in Indonesia using provincial panel data for the period 2011-2016. The results of the analysis of simultaneous equation models using the Two Stages Least Square (TSLS) method state that ICT infrastructure indicators consisting of cellular telephone ownership, internet accessibility, and the number of Base Transceiver Station (BTS) significantly has a positive impact on economic growth. In addition, these ICT infrastructure variables indirectly have an impact on income inequality through economic growth. Other results obtained are that government spending on ICTs do not significantly impact economic growth and income inequality in Indonesia. The conclusion is that ICT infrastructure has a direct impact on economic growth and an indirect impact on income inequality.


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