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Millions Suffer As India Goes Cashless

Posted: Wed Dec 28, 2016 1:34 pm
by JawnDough
The world's 6th largest economy in transition of going "cashless".

http://ktfnews.com/india-forced-monetary-crisis/

Re: Millions Suffer As India Goes Cashless

Posted: Mon Jan 09, 2017 12:50 pm
by JawnDough
Cities from Sweden to India are pushing for a totally cash-free society. But as more shops and transport networks insist on electronic payments, where does this leave the smallest traders and poorest inhabitants?
https://www.theguardian.com/cities/2017 ... ee-society

Re: Millions Suffer As India Goes Cashless

Posted: Tue Jan 10, 2017 6:11 am
by RAPT(+)R
Guess what's coming... yup that's right folks the Mark of the Beast.

Re: Millions Suffer As India Goes Cashless

Posted: Tue Jan 10, 2017 12:01 pm
by JawnDough
Your money's no good: rupee note cancellation plunges India into panic

Queues of angry, panicked Indians wound around bank buildings in Mumbai, the financial capital, on Thursday morning, two days after the prime minister, Narendra Modi, announced that 500- and 1,000-rupee notes, worth around £6 and £12, would be taken out of circulation.


In a televised announcement on Tuesday night, Modi had urged Indians not to rush to banks, as they would have until the end of 2016 to deposit cash in their accounts. But with the high-value notes withdrawn from Wednesday in an effort to combat corruption, black-market trade and tax evasion, many were left without cash for day-to-day expenses.

https://www.theguardian.com/world/2016/ ... s-500-1000