(this set of text is copied from a comment by Vatsal Thakkar on an article written at Civils Daily . It is so beautiful that I can't resist to share here) Cashless economy I would like to bring a completely different and quite down to earth concept of cashless economy. And that is 100% possible in India with its diverse cultural backgrounds, various business practices and many different ways of cash transactions. Before introducing the system, I would like to present a scenario of typical mumbaikar lady. Just imagine a case; while going for shopping; she is taking a best bus from her home to reach nearest Mumbai Metro station and after reaching her destination station, she hires an autorickshow to reach the nearest mall where she finds her desired outlet of Shopper’s Stop. After finishing shopping she had some refreshments at McDonald in the same mall. now, she chooses to take a taxi to back home and calls for the phone taxi. On her way home, she also stops to buy her...
Thoughts and Experiences