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There is a strong case to be made for leveraging mobile banking systems in order to increase the quotient of financial inclusion in the country.

The goal of Cashless India requires a comprehensive long-term strategy.

The debate on digital transactions and the merits of a “cashless” economy engaged public attention in India in the past year. This paper steers the debate towards articulating an appropriate strategy that can bring the Indian economy closer to becoming “cashless”. The paper begins with an exposition of the theoretical model of the digitalisation process, identifying a set of core structural parameters that determine a nation’s readiness