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INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016 Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI) |
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| Paper Title: | DIGITAL TRANSCTION VOLUME RISE SINCE DEMONETIZATION |
| Authors Name: | RISHAV RAJ |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJNRD_219346
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| Published Paper Id: | IJNRD2404656 |
| Published In: | Volume 9 Issue 4, April-2024 |
| DOI: | |
| 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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| Cite Article: | "DIGITAL TRANSCTION VOLUME RISE SINCE DEMONETIZATION ", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.9, Issue 4, page no.g489-g494, April-2024, Available :http://www.ijnrd.org/papers/IJNRD2404656.pdf |
| Downloads: | 00019 |
| ISSN: |
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID:IJNRD2404656 Registration ID: 219346 Published In: Volume 9 Issue 4, April-2024 DOI (Digital Object Identifier): Page No: g489-g494 Country: Gautam Buddha Nagar , Uttarpradesh , India Research Area: Engineering Publisher : IJ Publication Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2404656 Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2404656 |
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