E-economy: An emerging and useful way towards Digital India Mandloi Dheeraj Faculty Applied Chemistry, Institute of Engineering and Technology, Devi Ahilya University, Indore, MP Online published on 24 October, 2019. Abstract No individual can progress in the objective of E-economy unless the entire bureaucracy is involved with fidelity and punctiliously. India has been cash reliant from ages. There can be several reasons, to match up with international standards it is very necessary to transform into cashless such as need of transparency and scalability in transaction which results in growth and development of country. India is still dealing with corruption, lacks in usage of technologies with respect to the world due to some obstacles such as infrastructure, illiteracy etc. In order to get rid from this, it is important to make efforts towards some emerging technologies such as e-wallet, AEPS, UPI and many more to go India cashless. The only thing you need is a computing device that is mobile phone to do electronic transactions. With realization of this fact, our honorable prime minister took historic move of demonetization. The major goal of demonetization was not only to fight against corruption and get black money off but also to move towards cashless economy. Several initiatives have been taken by government to provide literacy to people and let them aware of its importance. After effects of demonetization is extremely impressive. In 2016 India emerged as a second largest smart phone market with approx 220 million users which are next to only china. We surpassed us market this year which is an emerging step for these technology. Top Keywords Cashless Transactions, Emerging Technologies, Demonetization, Digital devices, Transparency, Electronic payments, Good governance. Top |