Question

debate on cashless society is a key for corruption free india​

Answer 1

Answer:

     Cashless society is a key for corruption free India

Good morning everyone present; I am here to speak briefly on ‘cashless society is a key for corruption free India’; and I am going to speak in favor of it.  

Cashless society is a key for corruption free India in this sense that no black money transactions can take place. Cashless transactions means all the transactions done will be on record. Black money has been a big problem in our country. Black money transactions encourage corruption. Businessmen, corrupt politicians, bureaucrat often condone transactions in return for bribe and financial gains. These transactions are done using cash money, which in 90% cases is black money and which is used for anti- national activities.  

In order to make cashless society, Indian Government took many steps. Digital India movement was started, BHIM (Bharat Interface for Money), UPI, Internet Banking, etc. The number of transactions done using digital tools has risen many times over. This has led to considerable reduction in corruption.  

Now most of the Indians have Digital Bank account; people use their debit cards more often. The day is not far when almost all transactions will be cashless. This will make India corruption free. Then India will also become one of the most advanced countries in the world.  

Thank you.