Document Type

Article

Publication Date

4-17-2024

Abstract

This research took a gander at the effects of demonetization on the adoption and usage of digital payment methods in Vasalamarri, a place in Telangana, India. Demonetization? The thing that was put into action in November 2016. It was meant to restrain black money, corruption, and counterfeit currency by rendering high-denomination currency notes invalid. However, its effect on how rural communities had taken up digital payments—well, that's a subject that still required more investigation! Through these conversations, this research aims to reveal some wisdom about how effective demonetization has been in encouraging digital financial inclusion and what it might imply for the economies and means of existence in rural areas. The findings from this investigation, right, will add their bit to the existing writings on demonetization and digital payments. This, it should be known, is bound to provide some valuable understanding for people who make policies, companies, and people with an interest in this matter. They would be looking to encourage financial inclusion and empower people living in rural areas!

Download

Share

COinS