Paper Title
DIGITAL TRANSCTION VOLUME RISE SINCE DEMONETIZATION
Article Identifiers
Authors
RISHAV RAJ
Keywords
Abstract
This report examines the growth of digital transactions in India following the demonetization initiative of November 2016. The analysis delves into the immediate effects of demonetization on digital Payments, highlighting a surge in adoption as individuals and businesses sought alternative means Of conducting transactions amidst the cash crunch. Subsequently, the report explores the sustained Growth trends in digital transactions, driven by factors such as government initiatives, technological Advancements, and changing consumer behavior. Moreover, it discusses the transformative impact Of digital payments on financial inclusion, emphasizing initiatives such as Jan Dhan Yojana and Direct Benefit Transfer (DBT) in extending access to basic financial services to underserved popu- Lations. Furthermore, the report underscores the importance of continued efforts to promote digital Financial inclusion and security, advocating for collaboration among policymakers, regulators, and Industry stakeholders to address challenges and leverage emerging trends and technologies in driving Economic growth and societal development.
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How To Cite (APA)
RISHAV RAJ (April-2024). DIGITAL TRANSCTION VOLUME RISE SINCE DEMONETIZATION . INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 9(4), g489-g494. https://ijnrd.org/papers/IJNRD2404656.pdf
Issue
Volume 9 Issue 4, April-2024
Pages : g489-g494
Other Publication Details
Paper Reg. ID: IJNRD_219346
Published Paper Id: IJNRD2404656
Downloads: 000121979
Research Area: Engineering
Country: Gautam Buddha Nagar , Uttarpradesh , India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2404656.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2404656
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Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)
ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016
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This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition
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