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28 December 2016

India's demonetization drive.

In India, the demonetization drive, an ambitious project by the govt to make its economy cashless and digital,has hit the poor and the unprivileged. The Prime Minister likened it to serving a strong tea ( kadak Chai), he used to make as a tea seller during his younger days, which, he says the poor likes and the rich doesn't. But in reality, the poor was hit badly, as the country lacks the infrastructural-logistical wherewithal to be a cashless society at this point in time.

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