eBooks and other Digital Content May Get Boost in India
eBooks and other digital in India may get a boost with Prime Minister Narendra Modi's clampdown on black money with the withdrawal overnight from circulation the old Rs.500 and Rs.1000 notes. Opportunity amid the chaos for authors and publishers of eBooks.
The move will force more people to use more electronic payments, especially if the Indian government limits the circulation of new Rs.500 and Rs.2000 notes. Perhaps more of the unbanked will get bank accounts now.
Electronic payment providers are expected to do well out of this move.