FINANCIAL INCLUSION IN THE DIGITAL CURRENCY ERA

Utilizing revolution in digital technology to aid the financial inclusion gap is the main focus of the study. The Objective is to push economic growth and reduce inequality with the help of Financial Inclusion. The significance  of digital currency can be easily understood in the light of impact of covid 19 on world economy which in turn reduces the use of cash ,rush in digital transactions, need for government to get financial help to impacted population swiftly and competently. The cost of transactions can be reduced significantly by lowering the cost of Digital currencies. The study will cover CBDC(central bank digital currency) to crypto currencies which are the most happening talk of the town for those not so aware about new age digital and traceable money and assets to decode puzzle. The paper will be survey and analysis of the same, not considering the necessities the pandemic has brought in, but a general overview if situations are back to normal.

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Keywords: Economic Growth, Financial Inclusion, Digital Currency, CBDC, Crypto Currency.


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