Cashless Society is a Boon or Bane

ICSSR-NLSFIRU-2018 | SPECIAL ISSUE | SEP-2018 | Published Online: 05 October 2018    PDF ( 408 KB )
Author(s)
Mrs. Keerthi . B.S 1; Dr. N Selvakumar 2

1PhD Research Scholar, Department of Commerce, Sri Ramakrishna College of Arts and Science (India)

2Associate Professor Department of Commerce, Sri Ramakrishna College of Arts and Science (India)

Abstract

The cashless transaction system in a developing country like India is always trial and error sequence. This is the extension evader of demonetization for the development of Indian economy. But the lateral factors which influences this system is basic facilities which is required to operate this system is a big question. Moreover the superstitious looting personalities in the country is enormously available, which another remarkable aspect in India. But still the younger generation shows a vast interest In this cashless system so this paper thrown a light towards both the sides of a coin and the status of the country after accomplishment in the world market.

Keywords
Cashless economy, demonetization, world market
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