Prime Minister Narendra Modi Wednesday reviewed his decision to demonetise Rs 1,000 and Rs 500 notes with his Cabinet colleagues and discussed ways to fast track digitisation to enable larger cashless transactions.
The Prime Minister initiated the discussion on the move, which was announced last month, with the ministers after the meeting of the Union Cabinet ended here this evening.
As it was not on the agenda, the issue was taken up after the Cabinet meeting was over.
The meeting assumes importance with the Centre's deadline of December 30, wherein people can deposit the old notes, nears, as the government pushes for improving digitisation to enable a larger number of cashlesstransactions through various means.(read more)
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