Published on: April 2026
CASHLESS ECONOMY AND DIGITAL CURRENCY: IMPLICATIONS FOR JHARKHAND’S LOCAL MARKETS
SAUMYA KUMARI PH.D Saumya Kumari
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Abstract
The shift toward a cashless economy is a key aspect of India’s digital transformation, supported by the growth of electronic payments and the introduction of the Digital Rupee by the Reserve Bank of India. In Jharkhand, where markets are largely cash-based, digital transactions can enhance financial inclusion, transparency, and efficiency while reducing risks linked to cash handling. However, challenges such as low digital literacy, poor internet connectivity, limited infrastructure, and cybersecurity concerns restrict adoption. Hence, strong policy support, infrastructure development, and awareness are essential for successful implementation.
How to Cite this Paper
PH.D, S. K. & Kumari, S. (2026). Cashless Economy and Digital Currency: Implications for Jharkhand’s Local Markets. International Journal of Creative and Open Research in Engineering and Management, <i>02</i>(04). https://doi.org/10.55041/ijcope.v2i4.499
PH.D, SAUMYA, and Saumya Kumari. "Cashless Economy and Digital Currency: Implications for Jharkhand’s Local Markets." International Journal of Creative and Open Research in Engineering and Management, vol. 02, no. 04, 2026, pp. . doi:https://doi.org/10.55041/ijcope.v2i4.499.
PH.D, SAUMYA, and Saumya Kumari. "Cashless Economy and Digital Currency: Implications for Jharkhand’s Local Markets." International Journal of Creative and Open Research in Engineering and Management 02, no. 04 (2026). https://doi.org/https://doi.org/10.55041/ijcope.v2i4.499.
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References
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