Question

Adverse effect of cashless India on human health.

Answer 1

Dear Student,

a. Cashless economy has no direct relation with human health.
b. Cashless economy will allow people to make use of digital mode of payment bringing all the transaction within a formal structure.
c. However, cashless economy may impact people who are outside the ​banking net and those working in the informal sector.
d. Poor might be impacted because of cash crunch and their inability to attian benefits of cash less economy
e. It is them who will be effected as they will not be in a position to then attain public facility inluding haelth facility and that will have a negative effect on their health conditions.


Regards