Published Paper Details:

As the entire world is running towards the buzz word is digitalization. The shining country like India is also moving forward towards digitalization. This paper investigates about the saving and Payments of individuals, and foresight of future spending and saving among Indians. The research survey used as a platform to foster innovation and competition, expands markets, close gaps in financial inclusion, boost government revenue collection and improves public expenditure efficiency. The survey collected information of the indicators constructing the latent variables. The results indicate that digitalization is influenced by social-economic standing. Digitalization also positively affects the savings and spending of individuals. Moreover, the savings and Payments of individuals contribute to the future savings and spending foresight. This research suggests policymaker to determine whether digitalization is really a tool for increasing in the Indian economy.