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Demonetisation 2.0 on its way


LordOfMud

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Demonetisation 2.0 on its way           ^^

The government may seriously reconsider demonetisation version 2. Provisional RBI data shows that cash in circulation stands at a whopping Rs 16.3 lakh crore, which is nearly 91% of the pre-demonetisation days of Rs 17.9 lakh crore.

Digital payments seems to have cooled, another demonetisation or cheque-bandi could help the government add 109.64 crore or 1.09 billion transactions to its tall target.

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