The reputation of global plastic money seems to be getting higher as the demonetization has come to compete for effect in the nation of India. The people are demanding certain firms and organisation to accept the policy of plastic money orders and payments, so such certain works can be done without any disturbance and with fluency in smooth proceedings. In this way, however, there have been some great demonstrations of acceptance and organised moves, but there are also challenges for the official government agencies which are not totally accepting the core of the plastic money.
It is reported that certain Municipal Corporations might face a serious challenge. In this way, the plastic money conference also took place in Delhi under the leadership of Piyush Goyal who was trying to express his ways of helping out the municipal corporations in case of utilising the plastic money and it's impact.
The MP retail corporations and Groceries corporations are amongst those who have willingly demonstrated the welcome to the plastic money use, But there are also groups such as City Authority of Rungpatnam, The Tax Commission of Hadrewada, The community Board of Hasanga and many others all across India who does seem to have some difficulties in the case of use and implementation of the plastic money. These policies decide do agree with the state and central government that the implementation of plastic money has restricted people through misbalance of the money, But they also complain that misuse of plastic money is easier than the original paper currency, Thus the cash flow and electronic flow seems to be same policy for them and they not going to accept the policy of Plastic money with the use of demonetization in their certain areas.
In this way, It is true that it would take time due to misjudgement of global retailers' pressure in India so this policy of demonetization has taken effect, But it doesn't mean that we shouldn't upgrade
ourselves- At the end, how far it's useful or useless would only come to demonstrate when miscalculations would emerge, till then the challenge of corporations and their validity would only come in the role in present India at large.
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