Can India really become a cashless society?

Can India really become a cashless society?
 

On the evening of 8 November, vegetable vendor Vishal Gupta was preparing to shut his roadside stall when Prime Minister Narendra Modi announced that 500 ($7.30; £6) and 1,000 rupee notes would be banned effective midnight as part of a crackdown on corruption.
Within minutes, people were out on the streets - queuing outside ATM machines to withdraw money in lower denominations or rushing to shops to buy provisions. The two banned notes account for 86% of all notes in circulation in India's largely cash economy.
"I sold all the vegetables in my stall in 20 minutes. This had never... read more

 
25 November 2016 in World News, Views: 70
Source: BBC
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