Journal article Open Access

Financial Technology and Its Impact on Poverty in India

Rahul Singh Gautam; Jagjeevan Kanoujiya; Venkata Mrudula Bhimavarapu,; Shailesh Rastogi

Sponsor(s)
Blue Eyes Intelligence Engineering & Sciences Publication (BEIESP)

The paper aims to examine the effects of financial technology (Kisan Credit Card and ATM) on India's Poverty and empirically analyze the influence of financial technology on poverty scores. We consider data from twenty-two Indian states for three fiscal years, i.e., from 2018 to 2020. The current study uses panel data analysis to test the hypothesis. Results suggest a negative association between financial technology (Kisan credit card and ATM) and its influence on the poverty score in India. The current study suggests that the government should pay more attention to expanding financial technology, including increasing economic growth and financial stability and eliminating poverty by investing in infrastructure that would enhance banking services.

Files (429.8 kB)
Name Size
B1396116321.pdf
md5:69998f55cf7c8f13ef362961bf7c3fa5
429.8 kB Download
6
10
views
downloads
Views 6
Downloads 10
Data volume 4.3 MB
Unique views 6
Unique downloads 10

Share

Cite as