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@article{173006,
        author = {Dr. Subhash Chandra},
        title = {Digital Finance and its Impact on Financial Inclusion: A Case Study of H.P.},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {11},
        number = {9},
        pages = {1976-1986},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=173006},
        abstract = {This study examines the impact of digital finance on financial inclusion in Himachal Pradesh, India. Financial inclusion, a cornerstone of equitable economic development, remains a significant challenge in remote and rural regions due to limited access to traditional banking infrastructure. The advent of digital finance, encompassing mobile banking, digital wallets, Unified Payments Interface (UPI), and Aadhaar-linked services, has the potential to bridge this gap by offering accessible and affordable financial services. Using a mixed-methods approach, this research explores the adoption and penetration of digital finance in Himachal Pradesh, analysing its influence on marginalized communities, women, and small businesses. Primary data was collected through surveys and interviews across urban and rural regions, while secondary data was drawn from government reports and financial institution records. Findings reveal significant progress in financial inclusion due to digital finance, with enhanced access to banking services, improved financial literacy, and economic empowerment of previously underserved populations. However, challenges such as digital illiteracy, inadequate infrastructure, and security concerns persist, limiting widespread adoption. This study highlights the transformative role of digital finance in fostering financial inclusion while providing actionable recommendations to policymakers, financial institutions, and fintech innovators. These include strengthening digital infrastructure, promoting digital literacy, and designing tailored financial products for diverse demographics. The findings underscore the importance of collaborative efforts to maximize the socio-economic benefits of digital finance in Himachal Pradesh and beyond.},
        keywords = {Digital, Financial inclusion, Technology, Cybersecurity, Economic growth.},
        month = {March},
        }