Empowering sustainable development and economic growth: an empirical analysis of the indian stock market

Abstract

Objective: The study aims to understand how the financial market, particularly focusing on the stock market, can facilitate economic growth by bridging the gap between those with excess money and those in need. This process contributes to the overall economic flow and supports Sustainable Development Goal (SDG) 8, which promotes prolonged, inclusive, and efficient economic development and decent work for all.

Method: The research employs both qualitative and quantitative techniques to analyze problems. It involves an inside-out approach to examine how informal variables in the economic, ecological, and social domains can help achieve sustained targets. Special attention is given to studying the informal economy, especially concerning small and medium enterprises and green finance, while considering market exchange dynamics. Grounded theory and descriptive parametric statistical techniques are utilized in this analysis.

Results and Conclusions: The document does not provide a specific section summarizing the results and conclusions of the study within the abstract. However, the study's focus is on analyzing the impact of financial institutions, particularly the stock market, on economic, ecological, and social issues, contributing to the goals of SDG 8​