Quote from VISA on Prime Minister Narendra Modi's statement on demonetization
India 9 November 2016: ‘We
welcome this bold move by the Government of India towards eliminating
black money and accelerating India towards a cashless economy. The Visa
report ‘Accelerating Growth of Digital payments in India’ that we
published on Oct 5th pegs the cost of cash to 1.7% of India’s GDP (link
to
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