• Dr. Bhanwar Lal Raigar

India, a nation of considerable magnitude, ranks as the second-largest country globally, boasting a population of over 1.3 billion individuals, which accounts for approximately 18% of the total worldwide population. India is the country with the second highest population. The implementation of a digital payment system is important in order to address the financial requirements of an expanding population. This only factor guarantees success. The primary objective of the 2015 Digital India initiative was to transform India into a technologically advanced and information-driven economy. The strategy places significant importance on digital infrastructure as an essential utility, governance and services that can be accessed as needed, and the empowerment of individuals via digital means. The primary objective of the plan is to facilitate the provision of high-speed Internet connectivity, mobile phone access, bank account services, real-time online and mobile platform services, cashless financial transactions, digital literacy, and digital resources throughout the whole country. The goals of the programme will be achieved. The present research investigates the use and impact of digital payment systems on the economy of India. The study encompasses both aspects.

Digital payment, Digital Banking, Indian Economy

"DIGITAL PAYMENT SYSTEM AND ITS IMPACT ON INDIAN ECONOMY ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 8, page no.g537-g541, August-2023, Available :http://www.jetir.org/papers/JETIR2308657.pdf

"DIGITAL PAYMENT SYSTEM AND ITS IMPACT ON INDIAN ECONOMY ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 8, page no. ppg537-g541, August-2023, Available at : http://www.jetir.org/papers/JETIR2308657.pdf