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An Analysis of Growth of Cashless Transactions in India

Author

Listed:
  • M Sampath

    (PSG College of Arts & Science)

  • M Arivazhakan

    (PSG College of Arts & Science)

  • M Dinesh

    (PSG College of Arts & Science)

Abstract

The Government of India has launched Digital India campaign to make available the services of Government through internet. The objective of the study is to analyse the Growth and Forecast the trend of cashless transactions and also analyse the Growth performance of modes of cashless transactions in India. The analysis was based on secondary data and tools like AGR, CAGR and Trend Analysis to evaluate growth and trend. Hence, the study indicates that the Development of technology for cashless transactions in India has improved and it tends to achieve the motive of cashless India.

Suggested Citation

  • M Sampath & M Arivazhakan & M Dinesh, 2023. "An Analysis of Growth of Cashless Transactions in India," Shanlax International Journal of Economics, Shanlax Journals, vol. 11(3), pages 11-14, June.
  • Handle: RePEc:acg:journl:v:11:y:2023:i:3:p:11-14
    DOI: 10.34293/economics.v11i3.6133
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