DMPQ: Is cashless economy feasible in India? Also discuss the impact of it on informal economy?
India Cash/GDP ratio is 12.24% which makes it one of the largest cash based economy. But there are certain problem for a cashless economy especially for India as : ‘ There is low penetration of internet. Last mile connectivity especially in rural sector is quite low which creates hurdle in digitisation of economy. Lack of … Read more DMPQ: Is cashless economy feasible in India? Also discuss the impact of it on informal economy?