the plastic money in the form of credit card/debit card, and other channels of electronic payment. These people are unable to understand the technology service. Rather it will prove beneficial with growth of the Indian economy rising.6 in fiscal year 2018. To make India cashless in true sense, investment is required to be made in enhancing the facility required on a mass scale for cashless transactions across the country. Modi is said today is time to cashless transaction because we are living in 21 century and young generation growing in technology world. Now people need to use E- banking system, online banking, Mobile banking service, Debit and credit cards, mobile wallet, e-wallet. Advantages and Disadvantages of Demonetization policy. Cashless India Essay 3 (200 words).
Essay for cashless economy
Long and Short Essay on Cashless India in English for Children and
Increased liquidity of money with the banks makes them lower their interest rates puts the huge amounts of cash deposited dissertation health law pdf with them to some productive use. There have been widespread protests organised by the opposition parties across the country against the cash crunch in the wake of ban on old currency notes of Rs 500 and Rs 1000. Consequently, digital modes like credit/debit cards, mobile wallets, banks pre-paid cards, UPI, aeps, ussd, Internet banking etc have gained in currency, leading to cashless India in near future. Cashless India Essay 4 (250 words). However, still there are various challenges to be addressed if we want to make India cashless in true sense. On November 8, 2016, Prime Minister Narendra Modi announced demonetisation of currency notes of Rs 500 and Rs 1000 and took the people by surprise. PM Modi decided to Note Ban decision to fighting with black money problem, corruption, Duplicate money, hawala business in India. These essays written in a simple language will help the students choose any one as per their requirements. The main objective was to curb black money and eliminate circulation of fake currency in the Indian economy. The effect of demonetization will be evident only after one and two year in India.
Essay on A Cashless Society - 1750 Words Cram
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