ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Philip MaderSubscribe to Philip Mader

Did Demonetisation Accelerate Financial Inclusion?

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 digital payments, this claim does not stand up to scrutiny.
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