Why the villages again turned to cash transactions rather than cashless transactions

     Written by : SMTV24x7 | Tue, Oct 10, 2017, 03:51 PM

Telangana Returns to cash Transactions

Hyderabad, October 10: The Bharatiya Janata party has focused on Digital Transactions after the demonetization, till now most of the people are unaware of the Digital or Cashless transactions.

When it comes to Telangana State, As many as 50 out of the 380 villages, which were declared as cashless transaction villages post-demonetization have returned to cash transactions after the initial enthusiasm for being cashless faded.

The reason behind this is Poor internet connectivity in semi-urban and rural areas, easy availability of cash in banks and ATMs has also prompted the people to return to cash transactions. The National and State Govt which has publicized cashless drives extensively lost its interest after cash crunch eased.

Unless IT infrastructure and connectivity issues are improved in all parts of the state on par with major cities and towns. In order to get a full cashless transaction, we have to wait for a long time.