Did Demonetisation Accelerate Financial Inclusion

By: Contributor(s): Series: . 45 ; LIIIPublication details: 2018-12-07Description: 3Subject(s): In: ECONOMIC AND POLITICAL WEEKLYSummary: The Claim that removing cash would improve financial access for the poor has become a fallback argument for demonetisation despite notebandi failing to achieve its other objectives. Like many other arguments made for abolishing cash in favour of sigital payments this claim does not stand up to scrutiny.
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Article St. Francis Institute of Management and Research Available AR0838

The Claim that removing cash would improve financial access for the poor has become a fallback argument for demonetisation despite notebandi failing to achieve its other objectives. Like many other arguments made for abolishing cash in favour of sigital payments this claim does not stand up to scrutiny.

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