Opinion/Commentary
Cashless can succeed if connectivity improves - Swapan Dasgupta, Pioneer
As Prime Minister Narendra Modi’s self-imposed 50-day deadline of December 30 to resolve the birth pangs of the demonetisation exercise approaches, there are clearly visible lights at the end of the tunnel. First, it is quite apparent that most, if not nearly all, of the Rs500 and Rs1,000 notes held by people — both the currency notes in active circulation and those which had been carefully hoarded for reasons that we can merely guess — are likely to be returned to the banks.
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