"No opinion" on demonetisation decision: Bill Gates
Business magnate and philanthropist Bill Gates said on Thursday that he had "no opinion" on the Narendra Modi government s November 8 decision to withdraw Rs. 500 and Rs. 1,000 notes from circulation.
Mr. Gates, however, predicted that India would go digital very rapidly and pointed to countries like Kenya, where his foundation has worked.
When pointed out that India was a cash-dependent economy, Mr. Gates responded: "That s true". He also felt that the Aadhaar, or India s identity card system, was a "fantastic thing."