Forbes believes Prime Minister Modi's real motivation is a desire to leapfrog the cash generation to digital payment solutions----a significant step in the development of India and the emergence of a truly cashless economy.
"This is a public sector innovation unthought of in history. A cultural-economic revolution in the making!" exclaimed Monishankar Prasad, a New Delhi-based author and editor, about India's demonetization initiative and subsequent drive towards developing a cashless economy.
http://www.forbes.com/sites/wadeshepard/2016/12/14/inside-indias-cashless-revolution/#159cfa5b18c7