• Thursday, October 06, 2022

Asia

Narendra Modi government likely to push radical reform for digital economy

By: Eastern Eye Staff

After sending the entire country in the state of shock by banning the higher denomination notes of Rs 500 and Rs 1000 last year, the Narendra Modi government might be working on another radical reform to push digital transactions. A senior functionary of the Confederation of All India Traders (CAIT) on November 16 said the Centre might withdraw the bank cheque book facility in the “near future” to encourage digital transactions. In all probability, the Centre may withdraw the cheque book facility in the near future to encourage digital transactions,” said Praveen Khandelwal, secretary general of Confederation of All India…

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