Union Minister Santosh Kumar Gangwar has said the legislature never discussed going 100 percent cashless, however regardless of the possibility that the nation accomplishes 15-20 percent success in going cashless it will be a major accomplishment.
He said cashless exchanges will be a successful approach to accomplish straightforwardness, regardless of the possibility that one-fifth of exchanges were to happen sans money.
Looking to address the individuals who have raised worries on demonetisation, the Minister of State for Finance Santosh Kumar told PTI, "There is an office of cashless exchanges in numerous nations. It's going on there. We have never said we will go 100 percent cashless. Be that as it may, regardless of the possibility that we accomplish 15-20 percent accomplishment in going cashless it will be a major accomplishment since it's straightforward and compelling."
Asked his response to contentions set forth by a few financial specialists that demonetisation will antagonistically affect the economy, he said these are their "personal feelings".
"I don't talk on a few financial experts' perspectives. I represent the administration. Also, this choice has been taken by the government to battle corruption and black money," he said.