“Cashless” Dead In India!
Posted on: 28/07/2025A quote about a rise in rural prosperity in India:
“The significant increase in currency in circulation points to a strong recovery in rural economic activity".
For all the strenuous efforts of the misguided Indian PM Modi to “demonitise” India, along with the hype about the digital payment system UPI, cash remains vital in India.
“Cashless” is dead in India, though the Reserve Bank of India (RBI) will never announce that for fear of annoying the PM!
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