IMPACT OF CASHLESS POLICY ON THE INDIAN ECONOMY

Abstract

Implementation of a cashless policy in our economy would definitely boost up our economic development by several times. However, there are certain factors to be considered like the literacy rate of the people and the poverty rate. The main objective of the study is to know about the impact of cashless policy on the Indian economy. The researcher has followed the empirical research method using convenient sampling method. The sample size of the study is 203. The result observed from the study is that most people are aware and also agree that a Cashless Economy would help in achieving economic growth and development.