Question

Should we encorage cashless india

Answer 1

Answer:

No, because doing this we may led down the GDP growth of India .

And hence India  may remain an undeveloped nation.

Explanation:

Answer 2

There are always pros and cons for everything so:

Pros:

1. Lower crime because there's no tangible money to steal
2. Less money laundering because there's always a paper trail
3. Less time and costs associated with handling paper money as well as storing and depositing it
4. Easier currency exchange while traveling internationally

Now Cons:

1. Exposes your personal information to a possible data breach
2. If hackers drain your bank account, you'll have no alternative source of money
3. Technology problems can leave you with no access to your money
4. The poor and those without bank accounts will have difficulty paying and receiving payments
5. Some may find it harder to control spending when they don't see physical cash leaving their hands
6. Banks may start charging fees to compensate for possible negative interest rates

So as you see there are advantages and disadvantages now you have to decide how it affects you.

Hope it helps.