Tag: demonetisation
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Cashless India: Utopia or Reality?
By Somya Pahi Jena, NALSAR, Hyderabad. India’s Dependence on Cash India’s cash to GDP ratio indicating the dependence of an economy on cash stands at 12.2% as per the data revealed by the International Labour Organisation. India is considered to be one of the most cash intensive economies in the world with its cash to…