Cash is still king for Indian youth, especially for business

n India, 32% of youth are willing to deal in cash to help businesses survive, says the EY’s Europe, Middle East, India and Africa (EMEIA) Fraud Survey. Demonetisation, which aimed at hitting out at the cash element in the economy to curb corruption and black money, has had a mixed impact, according to the EY Fraud Survey 2017. While a majority of the respondents in EY’s Europe, Middle East, India and Africa (EMEIA) Fraud Survey support the stance taken by regulators and the government to curb corruption and bribery, the…

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