A Study of Challenges and Opportunities of Economics Growth in India

The national economy is experiencing a time of significant changes that request new policy reactions. The development of new on-screen characters in the global field, the natural effects of economic growth, the innovative upheaval, progressively globalized exchange and monetary streams; rising relocation streams and high disparity in certain nations have made customary economic ideal models and policy procedures insufficient in numerous regards. A money exchange in India is a push to move towards an economy by limiting the utilization of physical money. The fundamental goal of the examination is to display the present status of India in use of advanced cash in contrast with other created nations and discover the challenges and opportunities which are related with the money exchange in India. The discoveries of the examination uncovered that the presentation of economy in India can be viewed as a positive development of economy growth and advancement. It has been directed to unwind the challenges and opportunities of economy by advancing electronic money instruments, creating electronic monetary frameworks and spreading computerized exchange propensities among individuals. Demonetisation declaration (2016) is a progressive move towards the economy in India. The data of different countries which are related to usage of digital currencies has been gathered. Data is gathered by using secondary data collection method and then graphical representation is being used.