Impact of digital India on society during demonetization

Abstract

The term 'Digital India' refers to the transformation of India into a digitally empowered knowledge economy. It is an Indian government project to integrate government departments and the citizens of India. It strives to make government services available to citizens electronically by minimizing paper effort. It describes the program's various opportunities for the people of the country. Every country wants to be fully digitalized, and this initiative seeks to benefit both the user and the service provider equally. As a result, an attempt has been made to comprehend Digital India, in which technologies and connections would interact to affect all facets of governance, particularly during demonetization. The act of removing a currency unit's legal tender status is referred to as demonetization. The primary goal of this research is to determine the influence of digital India on demonetization. Also, to know if this has affected people's transactions and purchasing habits in India, The results indicate a significant association between annual incomes and price increases following demonetization. It also establishes a notable relationship between people's occupations and the shift toward a less-cash economy.