Instead of totally trying to eliminate cash transactions allow them without penalising criminalising but tax them at a reasonably higher rate It is suicidal to abolish cash in India because of its strong agri orientation Cash is blood in circulation for the Indian Economy Other risks like fake currencies circulation should be monitored critically by the Authorities but legitimate transactions should be allowed Jobs should be generated for the youth and unless the Economy grows it just cannot be done Therefore the importance of cash cannot be over emphasised for that still remains a key factor among many others MVGFCA
