A STUDY ON THE USE OF E-BANKING FACILITIES BY THE SMALL RETAILERS OF TINSUKIA TOWN.

Small retailers contribute towards the economy of a country to a great extent. They may not generate as much money as large corporations, but they are a major contributor of and a critical component of local economies. They increase employment opportunities thereby decreasing the unemployment rate, rate of poverty. They employ those people too who may not be employable by the bigger organizations. Creation of employment has multi-fold effect on the economy. The more prominent effects being decreasing poverty, creating wealth, circulating the flow of money in the economy, etc. Thus, it becomes a matter of utmost importance to study whether the small retailers are also shifting to a technology based system of transacting. The success of shifting to a cashless economy can only be ensured if the small retailers also adopt the various cashless techniques available. This study is based upon primary data whereby Schedule method has been adopted to collect data from various retailers of Tinsukia Town and inferences have been drawn from the data so collected with the help of descriptive statistics.