Page 23 - IIM(V)Issue_10 Feb_V4

RESEARCH @ IIMV

Data-Driven Digital Transformation for Uncertainty Re-
duction – Application of Satellite Imagery Analytics in
Institutional Crop Credit Management

Gopalakrishnan Narayanamurthy, Reddy Sai Shiva
Jayanth, Roger Moser,Tobias Schaefers,Narayan Prasad

Nagendra,
International Journal of Production Economics (IJPE) (ABDC-A)

Agriculture financing in developing countries is dominated by informal
lending. One challenge in the expansion of institutional (formal) credit is

the lack of reliable data on the historical performance of farmers. Due to
absence of data, financial institutions face uncertainties that obstruct
the decision-making process and thereby lead to less sub-optimal
credit disbursal. Based on the theoretical lens of uncertainty reduction,
this study focusses on achieving two key research objectives: to identify
uncertainties in institutional crop credit management processes and to
examine how a data-driven digital transformation for social innovation
based on satellite imagery analytics could alleviate these hindrances.
We longitudinally study a satellite imagery analytics firm and

complement the case data with interviews from different stakeholders.
The results capture state space, option, and ethical uncertainties faced
by institutional lenders in expanding crop credit and explain how data-
driven digital transformation can reduce these uncertainties. Adopting
such a data-driven digital transformation promises to make different
stakeholder groups interact and collaborate to achieve the common
objective of financial inclusion of small-scale economic actors. Further,

we show that the uncertainties caused by the lack of independent
data sources can be significantly reduced by satellite imagery in the
management of crop-credit.

Click here to read the paper.

Rural drinking water supply program and societal
development: Evidence from the early implementation
phase of India’s Jal Jeevan Mission

Abinash singh & Gopal Naik

PLoS One

With a community-centric approach to achieve Sustainable
Development Goal 6.1, the Jal Jeevan Mission (JJM) launched in 2019,

22 VOL.6/ ISSUE 1, SEP-DEC 2024