Paper Title :Impact of Digitalization on the Indian Economy and Requirement of Financial Literacy

Author :Mrinalini Kaul, Purvi Mathur

Article Citation :Mrinalini Kaul ,Purvi Mathur , (2017 ) " Impact of Digitalization on the Indian Economy and Requirement of Financial Literacy " , International Journal of Management and Applied Science (IJMAS) , pp. 74-79, Volume-3,Issue-4

Abstract : 1st July, 2015 is a day when an initiative was being taken by our honourable Prime Minister NarendraModi towards “making India Digital”. The campaign aimed to connect rural areas with high speed internet network and to improve the digital literacy. Indian economy is growing at a fast pace that requires the people to be financial literate to take judicious decisions. After this digitalization, the financial transactions have to be done through internet. So, Digital financial literacy is gaining importance. This paper analyses the importance of financial literacy in today’s world. The finding of the study will identify the obstacles in the execution of various programmes to make India financial literate and strategies to execute these policies effectively and efficiently. Keywords - Indian economy, Digital India, Financial literacy

Type : Research paper

Published : Volume-3,Issue-4

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