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India Prepares for Life After Cash
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DATE:
2016-07-21 09:01:16
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Share The View a:visited { color: #00b9e7; } a:hover { text-decoration: underline !important; } a:hover#logo { text-decoration: none !important; } @media only screen and (max-device-width: 480px) { a[id=logo] { font-size: 34px !important; } body { width: 100% !important; } table { width: 100% !important; } } @media only screen and (min-device-width: 320px) and (max-device-width: 568px) { html { -webkit-text-size-adjust: auto; } td[id=content] { font-size: 18px !important; } body { width: 100% !important; } table { width: 100% !important; } } Share The View The Latest Opinions From Bloomberg View Jul 21, 2016 bloomberg.com/view India Could Be the First Nation to Ditch Cash
An underground economy estimated at $460 billion a year is out of reach of the tax collectors in India, but the government is pursuing a solution: abolishing cash. Mihir Sharma writes that the nation is poised to become a pioneer.
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