CONTEST WINNERS
39
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S. ANUSHA 10th Class, KK Reddy High School, Nagarkurnool
UZMA 10th Class, Ekalavya High School, Nalgonda
R. PRAVALIKA 8th Class, Kendriya Vidyalaya, Nalgonda
No economy in the world is cashless 100 %, not even the countries with the highest literacy. There are villages where there is not even a bank. This move would win the rural and informal economy a great deal and putting them into huge risk and sufferings. No, India cannot become a cashless vast no of Indians do not have access to potable water, electricity internet and smart phones.
think it is not possible
I for India to go cashless at present scenario. The main reasons are: Rural background, Illiteracy, Banking system, Knowledge of swiping. Science has proved to be more a curse than a blessing. When we use technology in a proper way we shall see growth. If not we shall surely see curse of technology. As listed above most of the Indians are not aware of present hi-techs. Then, how can India go cashless?
couple of days ago.
A Indian government rendered almost 86 percent to total cash in the currency worthless. Discontinued the currency notes of Rs. 500 and Rs. 1000 with immediate effect and declared all the old such notes invalid. The move was aimed at curbing black money within the country. It was also an attempt 10 move the nation towards an economy that is somewhere cashless.
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WINSPIRE: Empowering youth | January, 2017