This all is fine who have avenues like easy access to cards, easy access to POS locations, and familiarity with banking system esp like netbanking.
But the fact is that most espc in towns & villages don't have access to such avenues. Even if they have cards or accounts, the bigger issue is the reach of branches & POS terminals. And even is they have access to those being dependent on daily wages, any waste of time means a hit on their earnings.
Oddly people who used to demonize elitist behaviour, and now taking support of this elitist behaviour to justify the totally unprepared demonetisation drive.
Cashless by choice is one thing ... but forcing people to become cashless is the ugliest form of dictatorship. Why does nobody ask why it is that so far only the BJP has been caught buying large amounts of land before Nov 8, depositing over a crore in Kolkata bank, having car seized with 3 crores in 100 Rupee notes and with MLAs showing off 2000.00 notes even before this demonetization ? Also how is it that all the BJP bhakts who were talking about boycotting Chinese goods only a month ago are now in favour of giving PayTm a huge boost (The Chinese firm Alibaba owns more than 40% stake in PayTm)
Congratulations, Ms Verma! You have joined about 27.60 crores of your countrymen you shall not be able to go to an ATM for quite some time to come. They eke out their daily existence on less than $1.25 per day [on current purchasing power parity]. There are almost 83.31 crores [nearly 68.84% of Indian population] who live in 640,867 different villages [of varying sizes : 236,004 villages with a population of less than 500 & 3,976 villages having a population of 10,000 ] whose plight will never be highlighted. Even on technicals, only 39 % of all account holders in India own a debit or ATM card [40,90,34,442 to be precise]. While your post was a welcome aside at this time of tribulation ……. one can only marvel at the gross ignorance of true facts about our country by a net-savvy town-bred! Unless we fully appreciate the totality of the present problem [and its later economic impact] we shall never be able to help either to government or, our country-men to tide over the crisis!
Congratulations, Ms Verma! You have joined about 27.60 crores of your countrymen you shall not be able to go to an ATM for quite some time to come. They eke out their daily existence on less than $1.25 per day [on current purchasing power parity]. There are almost 83.31 crores [nearly 68.84% of Indian population] who live in 640,867 different villages [of varying sizes : 236,004 villages with a population of less than 500 & 3,976 villages having a population of 10,000 ] whose plight will never be highlighted. Even on technicals, only 39 % of all account holders in India own a debit or ATM card [40,90,34,442 to be precise]. While your post was a welcome aside at this time of tribulation ……. one can only marvel at the gross ignorance of true facts about our country by a net-savvy town-bred! Unless we fully appreciate the totality of the present problem [and its later economic impact] we shall never be able to help either to government or, our country-men to tide over the crisis!
It is very absurd. You will find hardly 10% of the population have facilities like PayTM or such e-money transactions. 90% population depends on cash transaction for buying daily house-hold items like milk, vegetables, groceries etc., because in rural areas (more than 60% of India) do small shops catering the needs of the common people do not have facilities like sweeping cards etc/and none of them have the knowledge of operating such equipment. I have all support for the daring initiative took by the government. But it is sad to see this article, regarding one stray incident of the person is appearing again and again in rediff for last many days. There are inconveniences and we have to bear it with a positive mindset.
