IDEAS home Printed from https://ideas.repec.org/a/aii/ijcmss/v11y2020i2p63-75.html
   My bibliography  Save this article

Achieving sustainable development goals through Fourth Industrial Revolution: An Indian perspective

Author

Listed:
  • Himani Mishra

    (Indian Institute of Foreign Trade, New Delhi, India.)

  • Prateek Maheshwari

    (Indian Institute of Foreign Trade, New Delhi, India.)

Abstract

Purpose: Today’s world is technology driven. With the emergence of Fourth Industrial Revolution, it is of utmost importance to harness the power of technology for the collective good of more than a billion people living in India. The paper aims to explore the status of the United Nations Sustainable Development Goals (UN SDG) in India and how Fourth Industrial Revolution technologies can be utilized for fulfillment of these goals. Methodology: A detailed systematic review of research papers, articles, reports, and book has been done to explore the aspects of Fourth Industrial Revolution and Sustainable Development at global and India level. Findings: The Fourth Industrial Revolution has offered countries opportunity to build a more inclusive and sustainable society through technology. Moreover, for a country like India, where still domains defined in UN SDGs are not digitized fully, Fourth Industrial Revolution may provide solution to the problems. Poverty, hunger, inequality, and digital exclusion can be redressed, lead to sustainable development, and provided prompt digitization is preceded. Implications: The paper provides a deep insight into Fourth Industrial Revolution and sustainable development in context of India and how bringing both aspects together can revolutionize the Indian economy. The paper also discusses challenges which further lay for country. The paper points out the various modern technology solutions which can facilitate in achieving UN SDGs. Originality: The paper is first to explore the potential of the Fourth Industrial Revolution technology in achievement of UN SDG, hence facilitating India’ aim to achieve UN SDGs by 2030.

Suggested Citation

  • Himani Mishra & Prateek Maheshwari, 2020. "Achieving sustainable development goals through Fourth Industrial Revolution: An Indian perspective," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 11(2), pages 63-75, May.
    • Handle: RePEc:aii:ijcmss:v:11:y:2020:i:2:p:63-75
    DOI: 10.18843/ijcms/v11i2/06
    as

    Download full text from publisher

    File URL: http://scholarshub.net/index.php/ijcms/article/view/519/503
    Download Restriction: no
    File URL: http://scholarshub.net/index.php/ijcms/article/view/519
    Download Restriction: no
    File URL: https://libkey.io/10.18843/ijcms/v11i2/06?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Cho, Choongjae & Song, Youngchu, 2018. "The 4th Industrial Revolution Strategy and Cooperation in China, India and Singapore," World Economy Brief 18-14, Korea Institute for International Economic Policy.
    2. Muragesh Pattansheti & Sachin S. Kamble & Sudheer M. Dhume & Rakesh D. Raut, 2016. "Development, measurement and validation of an integrated technology readiness acceptance and planned behaviour model for Indian mobile banking industry," International Journal of Business Information Systems, Inderscience Enterprises Ltd, vol. 22(3), pages 316-342.
    3. Uma Lele & Sambuddha Goswami, 2017. "The fourth industrial revolution, agricultural and rural innovation, and implications for public policy and investments: a case of India," Agricultural Economics, International Association of Agricultural Economists, vol. 48(S1), pages 87-100, November.
    4. Anushree Poddar & Sapna A. Narula & Ambika Zutshi, 2019. "A study of corporate social responsibility practices of the top Bombay Stock Exchange 500 companies in India and their alignment with the Sustainable Development Goals," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(6), pages 1184-1205, November.
    5. World Bank, 2018. "Poverty and Shared Prosperity 2018 [Rapport 2018 sur la pauvreté et la prospérité partagée]," World Bank Publications - Books, The World Bank Group, number 30418.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Angela Daley & Thesia I. Garner & Shelley Phipps & Eva Sierminska, 2020. "Differences across Place and Time in Household Expenditure Patterns: Implications for the Estimation of Equivalence Scales," Economic Working Papers 520, Bureau of Labor Statistics.
    2. Catherine Y. Co & Jonna Holland, 2019. "Teaching International Microenterprise Development: An Interdisciplinary Experiential Learning Approach," Journal of Economics Teaching, Journal of Economics Teaching, vol. 4(1), pages 27-39, May.
    3. Maurizio Massaro & Francesca Dal Mas & Charbel Jose Chiappetta Jabbour & Carlo Bagnoli, 2020. "Crypto‐economy and new sustainable business models: Reflections and projections using a case study analysis," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(5), pages 2150-2160, September.
    4. Olalekan Charles Okunlola & Anthony E. Akinlo, 2021. "Does economic freedom enhance quality of life in Africa?," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 68(3), pages 357-387, September.
    5. Chandra S. R. Nuthalapati & Chaitanya Nuthalapati, 2021. "Has Open Innovation Taken Root in India? Evidence from Startups Working in Food Value Chains," Circular Economy and Sustainability, Springer, vol. 1(4), pages 1207-1230, December.
    6. Alkire, Sabina & Nogales, Ricardo & Quinn, Natalie Naïri & Suppa, Nicolai, 2021. "Global multidimensional poverty and COVID-19: A decade of progress at risk?," Social Science & Medicine, Elsevier, vol. 291(C).
    7. Benoit Decerf, 2021. "Combining absolute and relative poverty: income poverty measurement with two poverty lines," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 56(2), pages 325-362, February.
    8. Dutta, Indranil & Nogales, Ricardo & Yalonetzky, Gaston, 2021. "Endogenous weights and multidimensional poverty: A cautionary tale," Journal of Development Economics, Elsevier, vol. 151(C).
    9. Chei Bukari & Millicent Abigail Aning-Agyei & Christian Kyeremeh & Gloria Essilfie & Kofi Fosu Amuquandoh & Anthony Akwesi Owusu & Isaac Christopher Otoo & Kpanja Ibrahim Bukari, 2022. "Effect of COVID-19 on Household Food Insecurity and Poverty: Evidence from Ghana," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 159(3), pages 991-1015, February.
    10. Subhodeep Mukherjee & Manish Mohan Baral & Chittipaka Venkataiah & Surya Kant Pal & Ramji Nagariya, 2021. "Service robots are an option for contactless services due to the COVID-19 pandemic in the hotels," DECISION: Official Journal of the Indian Institute of Management Calcutta, Springer;Indian Institute of Management Calcutta, vol. 48(4), pages 445-460, December.
    11. Chiara Mio & Silvia Panfilo & Benedetta Blundo, 2020. "Sustainable development goals and the strategic role of business: A systematic literature review," Business Strategy and the Environment, Wiley Blackwell, vol. 29(8), pages 3220-3245, December.
    12. Andrea Brandolini & John Micklewright, 2020. "Tony Atkinson’s new book, Measuring Poverty Around the World. Some further reflections," Working Papers 518, ECINEQ, Society for the Study of Economic Inequality.
    13. Luis Fonseca & Vitor Silva & José Carlos Sá & Vanda Lima & Gilberto Santos & Rui Silva, 2022. "B Corp versus ISO 9001 and 14001 certifications: Aligned, or alternative paths, towards sustainable development?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(3), pages 496-508, May.
    14. Stephen P. Jenkins, 2020. "Perspectives on Poverty in Europe. Following in Tony Atkinson’s Footsteps," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 6(1), pages 129-155, March.
    15. Oliver Fiala & Enrique Delamónica & Gerardo Escaroz & Ismael Cid Martinez & José Espinoza-Delgado & Aristide Kielem, 2021. "Children in Monetary Poor Households: Baseline and COVID-19 Impact for 2020 and 2021," Economics of Disasters and Climate Change, Springer, vol. 5(2), pages 161-176, July.
    16. Zhe Zhao & Pengyu Peng & Fan Zhang & Jiayin Wang & Hongxuan Li, 2022. "The Impact of the Urbanization Process on Agricultural Technical Efficiency in Northeast China," Sustainability, MDPI, vol. 14(19), pages 1-20, September.
    17. Jan Anton van Zanten & Rob van Tulder, 2020. "Beyond COVID-19: Applying “SDG logics” for resilient transformations," Journal of International Business Policy, Palgrave Macmillan, vol. 3(4), pages 451-464, December.
    18. Bruns, Selina & Hermann, Daniel & Mußhoff, Oliver, 2022. "Investigating inconsistencies in complex lotteries: The role of cognitive skills of low-numeracy subjects," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 97(C).
    19. Hannah M. Dunga & Steven H. Dunga, 2022. "Determinants of Perceptions of Poverty; A Case of Townships in Gauteng Province of South Africa," International Journal of Economics and Financial Issues, Econjournals, vol. 12(3), pages 97-103, May.
    20. Olivier Bargain & Guy Lacroix & Luca Tiberti, 2021. "Intrahousehold Resource Allocation and Individual Poverty: Assessing Collective Model Predictions against Direct Evidence on Sharing," Working Papers hal-03432676, HAL.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aii:ijcmss:v:11:y:2020:i:2:p:63-75. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mr. Asif Anjum (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.