Open AccessImpact of Digitalization on the Farmers in India: Evidence using Panel Data Analysis
Author(s) -
Rahul Singh Gautam,
Venkata Mrudula Bhimavarapu,
Shailesh Rastogi
Publication year - 2021
Publication title -
international journal of management and humanities
Language(s) - English
Resource type - Journals
ISSN - 2394-0913
DOI - 10.35940/ijmh.l1372.0851221
Subject(s) - digitization , panel data , agriculture , agricultural economics , business , economic growth , agricultural science , economics , geography , engineering , telecommunications , econometrics , environmental science , archaeology
The composition of digitalization and financial technology has brought about a new development model for the agriculture sector. What is the impact of digitization on India’s farmers? To answer this issue, this article examines the effects of digitalization on farmers in India using secondary data from 2018 to 2020, based on the idea of digitalization. It analyses the transmission of digitalization among Indian farmers using panel data analysis. The conclusions are as follows: Farmers' income can be significantly increased by digitalization, and farmers' digitization has resulted in agriculture sector development and contributed to economic progress.