India P.M.: Nation to become ‘cashless society’

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(London Independent) Indian prime minister Narendra Modi has called for the nation to become a cashless society.

Mr Modi urged his country’s small traders and daily wage earners to embrace digital payments.

Speaking in his monthly address on national radio, Mr Modi said the government understands millions have been affected by the ban on 500 and 1,000 rupee notes, but defended the policy.

The move is an attempt to fill Mr Modi’s election promise of curbing tax evasion and unaccounted wealth.

H/T WND
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