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This is a pipe dream. Urban India, let alone rural India, dosen't have the infrastructure to support a cashless economy.
by statguy 10y ago
This is a pipe dream. Urban India, let alone rural India, dosen't have the infrastructure to support a cashless economy.
- aianus 10y agoWhat infrastructure? You don't need anything except cell phones and network coverage which urban India has in spades.
- AstralStorm 10y agoBut not the more massive and essential rural India. United someone is going to pay for this.
- vinay427 10y agoThe network coverage is definitely more comprehensive in India than in the US, in my experience, probably due to the significantly higher population density. I was able to get coverage on a dirt road in the middle of seemingly nowhere in parts of India, while I can't even do the same on many county highway connecting smaller towns in the US.
- statguy 10y ago26% of the Indian population is illiterate, a much higher proportion is functionally illiterate.