Why is cashless India important?

Cashless economy is important as it can help in controlling the black money that is circulating in the economy.You can read about the Cashless Economy in India – Definition, Types and Advantages for UPSC Economy in the given link. 

Further readings:

  1. Topic-Wise GS 3 Questions for UPSC Mains
  2. Bharat Interface for Money (BHIM): Notes for the UPSC Exam

Related Links

Payments Council of India (PCI) – Overview, Functions & Background

UPI (Unified Payment Interface) – An Overview

Demonetisation Essay – Concepts, Merits, Demerits & Effects Of Demonetisation in India

UPSC Mains General Studies Paper-III Strategy, Syllabus & Structure

Black Money [UPSC Notes for Indian Economy]

Difference Between NEFT and RTGS

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