Impact of Digitalization on the Indian Economy and Requirement of Financial Literacy

Authors

  • Dr. Vijeyata Tegwal Associate Professor, IIMT College of Management, Greater Noida
  • Mr. Sunil Tegwal Assistant Professor, IIMT College of Management, Greater Noida

Abstract

1st July, 2015 is a day when an initiative was being taken by our honorable Prime Minister Narendra
Modi 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: Jan dhan yojna, digital India, literacy.

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Published

2022-06-27

How to Cite

Tegwal, D. V., & Tegwal, M. S. . (2022). Impact of Digitalization on the Indian Economy and Requirement of Financial Literacy. JOURNAL OF BUSINESS MANAGEMENT & QUALITY ASSURANCE, 3(3). Retrieved from http://journal.swaranjalipublication.co.in/index.php/JBMQA/article/view/74

Issue

Vol. 3 No. 3 (2019)

Section

Research Articles