Cashless India, the Digital India programme is a flagship programme of the Government of India with a vision to transform India into a digitally empowered society and knowledge economy. Faceless, Paperless, Cashless is one of the professed roles of Digital India.
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For India, the transition to digital technology and the circulation of only non-cash electronic money is absolutely unrealistic. This country is relatively poor and unprepared for such cardinal changes in the field of finance. In this country, the problem of cryptocurrency circulation is still not solved. The introduction of cryptocurrency is very opposed to the central bank of this country. And the population itself is not ready for such drastic changes.