Is cashless India steady In 10 years !!
When Prime Minister Narendra Modi announced Demonetisation on November 6, 2016. There was so much chaos and nuisance in the market for the cash and also Reserve Bank of India started circulating newly announced 500 and 2000 rupee notes at that time online payments or cashless payments came into the play As a result, India started to transform from a cash-based economy to a completely cashless economy with more than two billion people globally and millions more coming online each year. No doubt India is growing in education which results in more literate people and more people to go cashless. It also helps government to track records of an individual. But if something has their advantage then it surely has some disadvantage let's talk about them below : Advantage:- Carrying huge piles of cash is always a security concern. In case your credit card or debit card gets robbed, the card can be blocked immediately which ensures better security and dependency. Through cashless trans...
