Merits and Demerits of Cashless Economy

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Discussion:
434 comments Page 42 of 44.

Piyush Priyadarshi said:   6 years ago
I feel the cashless economy had both the merits and demerits. But though I genuinely feel that in a long run, it will help to boost up our economy and somehow or the other, it will go to replace the system of the third window, i.e "corruption".
(8)

Priya said:   4 years ago
Merits of cashless economy:

First, don't fear theft.
Covid time cashless economy is very useful.
All money transfer is using online transaction is used for low corruption.

Demerits:
The cashless economy only useful to the mobile phone users.
(18)

Asit said:   7 years ago
The cashless economy will help in India's economic growth by transparency in money transaction and least corruption. On the other hand, where people are taught how and why to use toilet this seems a big challenge for the government.
(3)

Yeshwanth said:   7 years ago
This topic is very interest but the cashless economy decreases the unemployment. Due to this unemployment Very big problem in India but we need to terminate this cashless economy due to the next generation it is very problematic.
(5)

Triya said:   5 years ago
It is obviously difficult to implement the cashless economy in a country like India where there is a large number of uneducated crowd and then it is hard to make transactions via e-payment when an internet connection is hampered.
(19)

Ram said:   7 years ago
Hi friends.

In My point of view, the cashless is very best because my country, not development is corruption so this corruption is less my country development used to cashless methods so very best to the cashless method.
(4)

Rahul Kumar said:   5 years ago
Cashless Economy is Good for the new generation but in this generation, it's not good for everywhere the cause of not all of the people know about it. Like a village in any other places where education level is not good.
(7)

Naga said:   7 years ago
Hi friends.

Today our GD topic is the merits and demerits of the cashless economy. In my opinion, the cashless economy is better. Because with cash if you go to buy a gold jewellery there's a chance to stole the money.
(8)

K.Revathy said:   6 years ago
From my point of view, the cashless Economy is a kind of digitisation of our nation. In order to compete with developed nation Cashless Economy is a powerfull tool. It also reduces black money easily accessible.
(6)

Sudhansu said:   7 years ago
The Cashless economy is great. It also saves resources like pen paper and time. But in every sector cashless is not possible so there must be a facility of non-cashless economy. Mostly in groud level.
(14)


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