The Government of India in a brave move have demonetized Rs.500 and Rs.1000 currency notes in order to fight corruption and black money issue in the country.
The historic move is expected to contribute greatly towards nation building, but the transition phase will not be easy. One of the sectors that will be largely affected is the e-commerce industry in India. Continue reading “How the ban on Rs.500 and Rs.1000 notes will affect e-commerce industry”