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AgroTech E-Commerce Innovation: Financial Inclusion Via E-Commerce in Agrotech

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Volume-9 | Emerging Trends and Innovations in Web-Based Applications and Technologies

Last date : 28-Dec-2024

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AgroTech E-Commerce Innovation: Financial Inclusion Via E-Commerce in Agrotech


Shrawani Durgapurohit | Kunal Paunikar | Prof. Anupam Chaube



Shrawani Durgapurohit | Kunal Paunikar | Prof. Anupam Chaube "AgroTech E-Commerce Innovation: Financial Inclusion Via E-Commerce in Agrotech" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Special Issue | Emerging Trends and Innovations in Web-Based Applications and Technologies, January 2025, pp.6-12, URL: https://www.ijtsrd.com/papers/ijtsrd74898.pdf

Financial inclusion has become a global priority for enhancing economic growth and reducing poverty, especially in developing countries. Integrating e-commerce into agricultural technology (Agrotech) presents transformative opportunities to improve access to financial services for farmers, agribusinesses, and rural populations. E-commerce platforms, which combine digital marketplaces, mobile payments, and innovative financial products, play a pivotal role in bridging the gap between rural communities and financial ecosystems. By enabling smallholder farmers to connect directly with consumers and financial institutions, these platforms foster increased market participation, reduce transaction costs, and enhance income stability. Furthermore, fintech innovations linked with e-commerce promote alternative credit scoring systems, crop insurance products, and mobile-based microloans, broadening financial opportunities for traditionally unbanked populations. This paper reviews the impact of these platforms on financial inclusion within Agrotech, delving into how they drive economic participation while overcoming systemic barriers. We explore current challenges—such as digital literacy, infrastructure deficits, and regulatory frameworks—and offer insights into potential policy and technological strategies that can advance this sector. By synthesizing case studies and recent innovations, this review underscores the transformative potential of Agrotech in promoting equitable economic growth and reducing financial exclusion in rural economies. Financial inclusion has become a global priority for enhancing economic growth and reducing poverty, especially in developing countries. Integrating e-commerce into agricultural technology (Agrotech) presents transformative opportunities to improve access to financial services for farmers, agribusinesses, and rural populations. This paper reviews the impact of e-commerce platforms on financial inclusion in Agrotech, exploring the mechanisms through which digital marketplaces, mobile payments, and innovative financial products promote economic participation. We analyze challenges, opportunities, and future directions in this rapidly evolving sector.

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IJTSRD74898
Special Issue | Emerging Trends and Innovations in Web-Based Applications and Technologies, January 2025
6-12
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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