Published Paper Details:

This paper underlines the impact and importance of digitalization in financial literacy for the acquisition of the pre-set goals to achieve financial inclusion in the country. Digitalization helps to create bridge to realize the financial inclusion among all the sectors. Since India is a developing economy, digitalization would signify the technological advancement within the economy. It will make the society inclusive to the financial services offered by the state. The concepts of financial inclusion can be achieved through digitalization, which will in return help in accelerating the development of the economy. Developing countries like India shows relatively low level of financial literacy because of which the capital generation often gets hampered. Recent trends of digitalization in India ensures that there is a possibility in achievement of economic goals. Analysis of the works done in the financial field directs to observe economic development as a product of capital generation and thereby stating that the importance financial inclusion in the acceleration of economic development of the country.