Essay on Cashless India

Cashless India is a mission launched by the Government of India led by Prime Minister Narendra Modi to reduce dependency of Indian economy on cash and to bring hoards of stashed black money lying unused into the banking system. The country embarked upon this transition to a cashless economy when the government took the revolutionary step of demonetization of old currency notes of Rs 500 and Rs 1000 on November 08, 2016. We are here providing a variety of essays on Cashless India to empower the students with ready material available online in different word length – in 100, 150, 200, 250, 300 and 400 words. These essays written in a simple language will help the students choose any one as per their requirements. Cashless India Essay Cashless India Essay 1 (100 words) It was on 8 November 2016 that the Government of India took the whole country by storm by announcing that the currency notes of Rs 500 and Rs 1,000 were no longer legal tender. The government move aimed at curtailing the menace of black or counterfeit money which is largely used to fund criminals and terrorists as part of a parallel economy. The acute shortage of money in the wake of this decision led to long queues of people outside ATMs or banks seeking to exchange their notes or withdrawing cash. Conclusion: But eventually, the move...

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