CONTEST WINNERS
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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