| Author's Name: |
Prof. Hanuman Prasad & Devendra Meghwal |
| Subject Area: |
Social Science and Humanities |
| Subject |
Management |
| Section |
Research Paper |
Keyword:
Financial Literacy, Digital Financial Literacy, Digital Financial Transactions, Financial Inclusion
Abstract
Financial literacy has been center of discussion world over. Financial literacy can be generally de?ned as a person’s ability to understand, analyze, manage, and communicate personal ?nance matters. More specifically, it refers to the set of skills and knowledge that allows an individual to make informed and effective decisions through their understanding of finances. It is the ability to make informed judgments and take effective decision regarding the use and management of money. Now the trend is change financial literacy become old wine people are moving towards digital financial literacy. The interesting side of digital financial literacy is more people are going of digital payments, the value of internet banking, debit card & credit card, mobile banking are going high. Indian Government is also promoting Digital India recently they have launched many schemes like are Pradhan Mantri Jan Dhan Yojna, Jeevan Jyoti Bima Yojna, Suraksha Bima, MUDRA Bank Yojna, BHIM. The Vittiya Saksharta Abhiyan (VISAKA) also been launched by Ministry of Human Resource.