Contents DECLARATION ; CERTIFICATE ;. ACKNOWLEDGEMENT ; Chapter 1 ; Introduction ; RESEARCH METHODOLOGY ; Aims and Objectives ; Statement of Problem ; Research Questions ; Hypothesis ; Research Methodology ; Scope and limitation ; Sources ; Mode of Citation: ; CHAPTER 2 ; PAVMENT SYSTEM IN INDIA: -HISTORV AND ITS EVOLUTION ; 2.1: History of payment system ; 2.2: Evolution of the Payment System ; 2.3: The Electronic Payments ; Electronic Clearing Service (ECS) Credit ; Electronic Clearing Service (ECS) Debit ; Regional ECS (RECS) ; Electronic Funds Transfer ; NEFT (National Electronic Funds Transfer) system ; Real Time Settlement System (RTGS) ; Immediate Payment Service (IMPS); 2.4 Some Other Payment system in India ; Point of Sale (POS) Terminals & the ATMs ; Pre -paid Payment Systems or Pre-Paid Instruments (PPI) ; Mobile Banking System ; USSD Based Banking System ; Direct Carrier Billing ; 2.5 The Creation of National Payment System ; 2.6 Payments and Settlements Act, 2007 ; Payments & Settlement bill, 2018 ; Independent Payment Regulatory Board ; Chapter 3 ; Challenges ahead for establishing cashless economy in India ; What is the meaning of Cashless Economy? ; 3.1 Need of the Cashless Economy ; 3.2 Demonetization:·A move towards going Cashless ; 3.3 Challenges Being Faced in Establishing Cashless Economy in India ; Chapter 4 ; Government Initiatives towards cashless India ; 4.1 Digital India ; 4.2 Pradhan Mantri Jan·Ohan Vojana ; 4.3 Aadhaar Pay ; 4.4 UPI (Unified Payment Interface) ; 4.5 RUPAV ; 4.6 Some other Government Scheme & Initiatives ; CHAPTER 5 ; IMPACT OF CASHLESS TRANSACTIONS ; 5.1 POSITIVE IMPACT OF CASHLESS TRANSACTION ; 5, 1 Negative Impact of Cashless Transaction ; 5.3 IMPACT OF CASHLESS TRANSACTION ON ECONOMIC GROWTH ; CONCLUSION AND FINDINGS ; 6.1 Conclusion ; 6.2 Findings & Suggestions ; Bibliography ; Anextures.