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ISSN Approved Journal No: 2456-3315 | Impact factor: 8.14 | ESTD Year: 2016
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Impact Factor : 8.14

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Paper Title: IMPACT OF CASHLESS ECONOMY (A DOUBLE EDGE SWORD)
Authors Name: R.Chandra Shekar
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IJRTI_181621
Published Paper Id: IJRTI1702007
Published In: Volume 2 Issue 2, February-2017
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Abstract: In this article we try to explain what Cashless economy is, what are the major advantages of cashless economy and the challenges of Indian economy will face in moving towards a cashless economy. A comparison with other countries shows that India lags behind its peers in the metrics to measure a cashless economy. The government has announced a slew of incentives to promote cashless transactions as our Prime Minister Narendra Modi announced the recall of old Rs500 and Rs1,000 notes on 8 November 2016. The increased use of credit cards will definitely reduce the amount of cash that people will carry and as a consequence, reduce the risk and the cost associated with that. Which has a direct impact of it on the economy as a whole.
Keywords: Cashless, Digital India, Payments, Cards, Economy
Cite Article: "IMPACT OF CASHLESS ECONOMY (A DOUBLE EDGE SWORD)", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.2, Issue 2, page no.31 - 33, February-2017, Available :http://www.ijrti.org/papers/IJRTI1702007.pdf
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ISSN: 2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publication Details: Published Paper ID: IJRTI1702007
Registration ID:181621
Published In: Volume 2 Issue 2, February-2017
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Page No: 31 - 33
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Research Area: Engineering
Publisher : IJ Publication
Published Paper URL : https://www.ijrti.org/viewpaperforall?paper=IJRTI1702007
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ISSN: 2456-3315
Impact Factor: 8.14 and ISSN APPROVED, Journal Starting Year (ESTD) : 2016

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