Research paper on cashless economy in india pdf

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Cashless Economy – Is India Ready for Transformation?

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Cashless Economy

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The government had also said that the businesses with an annual turnover of over Rs. This is a noteworthy move by the government of India to incentivize people to adapt to the emerging cashless economy. Transforming the cash-dependent India into a cashless economy is proving to a great challenge for the Indian government given the size of the informal sector within the Indian economy. India cannot become cashless unless this mammoth sector adapts to the digital payments. Incentivizing the people alone is not sufficient.
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