The document discusses India's transition to a cashless economy through digital payment methods instead of cash. It provides background on demonetization in 2016 and examines whether India has reduced its dependence on cash since then. While digital payment options like mobile wallets and QR codes have grown, challenges remain in transitioning the entire population given issues with infrastructure, financial inclusion, literacy, and changing habits - especially in rural areas. The document concludes that while initiatives have increased access to debit cards, cash still dominates transactions, demonstrating India has further progress to make in fully embracing digital payments over cash.