PM's idea of cashless economy unrealistic: Omar Abdullah

The National Conference Working President said it was an unrealistic idea especially for the people living in remote areas of the state

Former Jammu and Kashmir Chief Minister Omar Abdullah on Sunday termed idea of Prime Minister's idea of cashless economy as unrealistic. He was speaking on the idea of a cashless economy as floated by Prime Minister Narendra 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.

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.

— Omar Abdullah (@abdullah_omar) November 27, 2016

The National Conference Working President said it was an unrealistic idea especially for the people living in remote areas of the state. "And I live in Srinagar. Imagine asking people in Gurez, Karnah, Keran & other remote areas to dispense with cash!!! Totally unrealistic idea," he said.

PTI