International Research journal of Management Science and Technology

  ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST

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CASHLESS ECONOMY: ISSUES AND PROSPECTS

    1 Author(s):  AMIT HASIJA

Vol -  12, Issue- 8 ,         Page(s) : 34 - 37  (2021 ) DOI : https://doi.org/10.32804/IRJMST

Abstract

India is moving towards a credit only economy with expanded utilization of credit/charge cards, advanced wallets, e-installments and computerized moves. The vision of advanced India has additionally offered lift to the idea. Virtual shopping, e-cash, online business, electronic asset move, and so forth is the new jargon for India. In spite of the fact that it is accepted that credit only economy is need of the day however the worry is that is India with such enhanced financial exercises and such pervasive monetary imbalances prepared for such a progress?

[1] Towards a cashless economy-www.outlookindia.com  [2] Hasan , I.,De Renzis, T.&Schmiede (2012), ‘Retail payments and economic growth’. Bank of Finland Research Discussion papers 19. 
 [3] Bonugli, P.K. (2006), The cashless society,www.bonugli.co.uk/doc/cashless.pdf. 
[4] Olalekan, S.A. (2012) IJCST, Ccashless society, Problems and prospects, Data mining research potentials’, Vol.3,No.8 

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