The Obama administration were behind the recent ban on cash in India, which saw millions of citizens take to the streets in protest.
In early November, without any warning, the Indian government banned two of the largest denomination bills at Washington’s request.
US-President Barack Obama has declared the strategic partnership with India a priority of his foreign policy. China needs to be reined in. In the context of this partnership, the US government’s development agency USAID has negotiated cooperation agreements with the Indian ministry of finance. One of these has the declared goal to push back the use of cash in favor of digital payments in India and globally. Continue reading »
A water tanker delivers water to villages in the northern Indian state of Rajasthan, bordering Pakistan, once a week. There are no other sources of water anywhere nearby, locals told RTD journalists, saying their once fertile lands are turning into a desert. Continue reading »