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PM's idea of cashless economy unrealistic: Omar

Press Trust of India  |  Srinagar 

Former Chief Minister today termed as "unrealistic" the idea of a cashless economy as floated by Prime Minister Modi in his 'Mann Ki Baat' radio address, saying internet connectivity in the state was unreliable.

"I'd love to move to a cashless economy but given the reliability of connectivity in J&K & the absence of points of sale I fear I'd starve," he tweeted.

The (NC) working president said it was an unrealistic idea especially for the people living in remote areas of the state.

"And I live in Imagine asking people in Gurez, Karnah, Keran & other remote areas to dispense with cash!!! Totally unrealistic idea," he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, November 27 2016. 15:07 IST