Photo: Pradeep Gaur/Mint
Photo: Pradeep Gaur/Mint

Going cashless: How India stacks up

India lags behind its peers in the metrics to measure a cashless economy

A comparison with other countries shows that India lags behind its peers in the metrics to measure a cashless economy. The government has announced a slew of incentives to promote cashless transactions since Prime Minister Narendra Modi announced the recall of old Rs500 and Rs1,000 notes on 8 November.

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