Give a speech on cashless india
Answers
Explanation:
Cashless India is a mission which was started by the Indian government under the leadership of Prime Minister Narendra Modi. The purpose of this mission is to reduce the reliance on the cash of the Indian economy so that the hidden black money in the country can be brought back to the banking system. On November 8, 2016, the government initiated a revolutionary initiative, the mission devalued the old notes of 500 rupees and 1000 rupees. Here we are presenting articles in simple language on the topic 'Cashless India' in 100, 150, 200, 250, 300 and 400 words, from which students can choose according to their needs. Here you can find some essay on cashless India in English language for students in 100, 150, 200, 250, 300 and 400 words here.
Answer:
cashless transactions means the transactions done between the two person without the use of paper currency it is done using the online method of payment or by plastic currency such as students or debit card nowadays the constructs transactions became a worldwide Trends India is also adapting it the mission of cashless India started on 8th November 2016 when Government of India announced the demonetisation of the paper currency of 500 and 1000 rupee note it create the huge problem in the country people standing in caves at ATMs banks counter to change the road currency or withdraw the cast then the new cashless Revolution ignited by this movie has village you changing the mindset of the people who were earlier dependent on the paper currency for doing transactions now the benefit of cashless India people not to carry the transactions and electronically since cashless transactions are traceable they invite the payment of tax wherever applicable this ruling out the use of the black money tax collection become so easy so it accelerate the face of economic development making it easier for the government to spend on education Healthcare Employment generation infrastructure and on overall Welfare of the people cashless transaction deal with to cut the supply of unaccounted money that is used in funding of criminals it save the government substantial cost in printing and circulation of the paper currency ding of criminal it said the government substantial cost in printing and circulation of the paper currency
Explanation:
the mode of cashless transactions is also having some disadvantages such as the major problem with the cashless transaction in India is the cyber theft or have account hacking it must be checked by the government to ensure the cashless transactions in India in digital India program the concept of cashless economy of India centred around the vision of transforming the country into society which is still in able and empowered by several modes of cashless transactions