Abstract

India’s economy has undergone a remarkable structural transformation over the past three decades driven by market liberalization technological innovation demographic dynamism and the steady expansion of the services and manufacturing sectors. Within this evolving economic landscape the concept of a cashless economy has emerged as a fundamental pillar of India’s modernization efforts. The transition toward digital payments electronic banking mobile-based financial transactions and fintech-driven financial inclusion has redefined the contours of India’s economic growth model. The emergence of platforms such as UPI Aadhaar-enabled payment systems mobile wallets and digital banking infrastructure has accelerated financial accessibility improved transactional transparency strengthened the formal economy and contributed to economic resilience. This research paper examines the growth of India’s economy in relation to the evolution of the cashless economy providing a comprehensive analysis of