Definitely number of people using digital payments has increased a lot but there are still many who are depending on cash. Also people are not depositing any money into banks as it is difficult to withdraw it later.
Also looks like people are withdrawing money in advance even if they need cash later as they no longer trust banks in terms of cash availability.
Flixtronics manufacturing Unit to setup in AP
Amaravati: One of the leading manufacturing company in the world, Flextronics is all set to establish a Manufacturing Unit in Andhra Pradesh. Redirect Notice
Amaravati:The State government entered into a Memorandum of Understanding with Flextronics Company on Tuesday to establish a unit at Sri City near Tirupati in Chittoor district.