5 hurdles to PM Modi's push for cashless economy - News Summed Up

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5 hurdles to PM Modi's push for cashless economy


Learn the different ways you can use your bank accounts and internet banking. A cashless economy is secure, it is clean. You have a leadership role to play in taking India towards an increasingly digital economy. There are 342 million internet subscribers (an Internet "penetration rate" of 27 per cent) in India, data from Telecom Regulatory Authority of India (TRAI) reveal.The global median is 67 per cent, IndiaSpend reported in March. India is Asia-Pacific's fastest-growing smartphone market, but no more than 17 per cent of Indian adults own a smartphone, according to a survey by Pew Research.


Source: Economic Times December 03, 2016 09:07 UTC



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