Analysis ofImpact of Demonetizationon Digital Transactions in India
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 4
Abstract
DemonetizationofRs 500 and Rs 1000 currency notes in India provided a fillip to the change towards digitization of transactions. Though, the overall success of demonetarization is still a debatable subject in academic and professional galleries. The present study focuses on the analyzing one of the objectives of demonetization that was to accelerate the growth in digital payment mechanism thereby shifting towards cashless regime. The findings of the study reveal that during the study period of 22 months, there has been a shift towards digital payment mechanism in post demonetization phase.
Authors and Affiliations
Dr. Ajay Pratap Yadav, Dr. Awadhesh Kumar Tiwari
Keywords
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- EP ID EP410201
- DOI 10.9790/487X-2004032128.
- Views 62
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