Cash in the economy.. where and why??

Up up and away... it somehow looks like the cash in the economy is really going to become much much higher than what it used to be pre demonitization era.

It really is a surprising situation . There have been many many things that i can think of that has reduced the cash... and moved it to digital. Below are a few significant changes that the government had done.

1. The government which is the biggest employer in the country had made it mandatory that all utility , payroll payments made by it will be made through the digital means directly into the bank of the person or company.

This itself is such a huge impact. Imagine every contract payer is now paid directly vs in cash

Imagine every bill is paid directly into the bank of the company.. no exceptions!

Big big change. This itself should have reduced the cash in the economy by 10%!!

2. Making it mandatory for things like the 2200 rs for every employee as lunch money ( tax benefit) which used to be paid out by the company on the basis of sodexo coupons to be digital!

3. Showing driver salaries to get tax benefits to now be digital. No receipts.. just directly bank transfers.

4. Changing the way we shop.
Even in my home we have moved to digital. Money for the maids or for the vegetables.. all are digital. When i shop i see that 50% pay through ptm.

5. Utility bills
In ghaziabad and noida or actually in societies where money is to be paid in advance to charge up rent meters.. all can be done quickly through paytm. ( its an amazing convenience!).

6. Cafeterias in offices
At least in my company there is no more cash accepted. We can download an app and order on the app actually.. and pay online..

Awesome!

7. Report cash transactions >2l for every shop

The government also made it more difficult to pay in cash. They tracked this from every dealer in the formal economy.. cars , holidays etc

What this has done is that while it has blocked the usage in the formal economy , it hasnt stopped the generation of black money. Black money as defined as non tax paid money.

I am sure it can be tracked back.. but they require complex algorithms based analytics.. across the entire supply chain. Its not difficult , but it can throw up quick identifications

I also do believe that hoarding is happening because of the upcoming elections

Black money it may not be.. but it needs to be distributed as cash.. people will be caught if it was digital.

Karnataka elections and very soon elections for the central government

How can we stop this.. its obvious that some sort of analysis can be done.. which bank which area.. who took out the money.. .. clues can be many .. if they are wanting to find the people..

Its not easy.. its simplefinancialsense

What do you think ?