One year after demonetisation, cash is still king
Cash scarcity led to a spike in digital payments post demonetisation, but the trend reversed as remonetisation picked up pace
New Delhi: Soon after demonetisation was announced on 8 November last year, it was projected as part of a broader push towards a cashless economy. Several ministers and government officials claimed that this would nudge Indians to rely on non-cash or digital payments.
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