There’s no data on the value of new currency — in Rs 500 and Rs 2,000 notes — printed and distributed across the nation. In his monthly customary radio address on the weekend, PM Modi called for a “cashless economy”.While such a transformation was not possible overnight, he appealed to the people to work toward it by being part of a “less-cash” society as soon as possible.“Learn how this digital economy works. Learn the different ways you can use your bank accounts and Internet banking. Learn how to effectively use the apps of various banks on your phones. Learn how to run your business without cash,” Modi had said.

Source: Economic Times November 29, 2016 18:24 UTC