India's Prime Minister Narendra Modi has outlined his plan to make India a cashless society. Indians are already up in following his recent and sudden to ban the old 500 and 1,000 rupee banknotes. They ceased to be tender in India from the 9th of November, although the old 500-rupee note was replaced by an version. The government claimed the move was an to stop the banknotes being used to fund , as well as being a crackdown on money in India. The ban means 80 per cent of the country's currency has been withdrawn from and business has been brought to a virtual standstill. It is very among most Indians.
Mr Modi went a step on Sunday when he called for a cashless society. He said in a televised : "I want to tell my small brothers and sisters, this is the for you to enter the digital world." He added: "Learn the different you can use your bank accounts and Internet banking. Learn how to effectively use the apps of banks on your phones. Learn how to run your business without cash. Learn about card and other electronic modes of payment….A cashless economy is . It is clean." He addressed India's more tech-savvy people by declaring that: "All the of India can do it very quickly, and within a month, the world can see a India.
