On November 08, 2016, Prime Minister Narendra Modi announced one of the most talked about decision of ‘Demonetisation’, sort of a surgical strike to launch a multi-pronged attack on black money. This particular decision has brought about many positive changes in the Indian economy in the last two years, out of which the most significant change has been the Digitization of the Indian economy. In this article, The True Picture did an in-depth analysis of gauging the impact of demonetisation on digital payments.

Here is the list of all the parameters on which the marked impact of demonetisation has been noted.