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Impact of First Lockdown during Covid-19 Pandemic over Digital Transactions in Indian Economy: A Review
AUTHOR(S) - Praveen Verma
One of the many advantages that have been told during demonetization was transition towards digital Economy and the data in the NPCI website shows that the digital transactions were actually increasing after demonetization substantially. This review paper tries to understand the impact of first lockdown during covid-19 pandemic over digital transactions in Indian economy. First nationwide lockdown was announced from 24 March 2020 for 21 days initially. Due to number of rising cases the lockdown was increased till 30th may 2020. This paper used data available on the NPCI website as secondary datasource and made comparisons over the volume of digital transactions from January 2020 till September 2020. This paper tried to review the various parts of digital transactions such as Mobile banking, UPI , POS transactions before , after and during first lockdown .
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