Norway moves in the direction Y4D has long wanted India to move - TopicsExpress

Norway moves in the direction Y4D has long wanted India to move in. Use of cash is even lower in Sweden and the United Kingdom than in Norway. Complete elimination of cash-based transactions could prevent problems with financial crime, robberies and black money, says the financial confederation quoted in this report. Mr Prime Minister Narendra Modi, this is an example of big-ticket reforms. Mr Finance Minister Arun Jaitley, can you do it? To begin with, withdraw currency notes of high denomination: Rs 500 and Rs 1,000. They serve little legitimate purpose other than making bribing convenient.

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