ASL 2 min speech easy on cashless India
Answers
Answer:
In spite of Prime Minister Narendra Modi, the Central Government has been trying hard to fulfill the dream of 500 rupees and 1,000 rupees old coin and cashless India (cashless India) on November 8, 2016. Knowing that India's economy is more dependent on cash than the economy of many other countries of the world, devaluation of high value class currency by the government was in fact a bold step. Suddenly, due to decision-making, there was a huge reduction of cash in the market and people had major problems in buying essential items because new currency from banks and ATMs was available in very small quantities. For a long time people had to live in a long queue.
Conclusion
However, the benefits of this step have now been received and more and more people have started trading in digital currency. India is gradually increasing from cash-focused economy to cashless economy. Digital transaction is detected smoothly, due to which it will be mandatory to pay taxes to all and all means of black money transfer will be closed. The entire country is going through a period of modernization of the transaction process and this has led to unprecedented progress in e-payment services. A large number of merchants and even retailers selling goods on the street have now started accepting electronic payments and thus adopt a cashless cash transaction system for all of them. Has proven inspiring
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