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Wednesday, January 08, 2025 | 02:10 AM ISTEN Hindi

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Reverse cash inclination

Cash-dominated segments don't want to migrate to a digital platform due to lack of proper infra

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Business Standard
With reference to the editorial, “Cash is back” (July 5), despite the deficient remonetisation, dependence on cash dealings is on the rise. Cash-dominated segments do not want to migrate to a digital platform due to lack of proper infrastructure and continued incompetence of a major chunk of the population. Convenience and ease of dealing in cash are motivating people to use currency notes.

This inclination towards cash transactions needs to be reversed. The government has to set up a developed digital infrastructure along with extensively increasing digital literacy of people. The cost of internet connection and accessories such as computers are

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