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IN People ON 23 Nov, 2016
If you've ever exchanged toys as kids do, you know barter.
Bartering is exchanging services or goods with another person, when there is no paper or digital money involved. It has been a century old method of transfer, one that was used even before money invented. Barter has been around for a very long time. However, it hasn't been relied on a lot. Neither has it been something that an economy or society has been built on. It is just today that we see the prevalence of barter in India with the first innovative startup called "Let's Barter India".
The entire country is engulfed in the claws of demonetization, and people are running to and fro to fetch a 100 rupee change - Sincerely me right now. The step taken by the Government of India to stop all the black money trailing in the economy has turned unfortunate for millions. While, ceasing the usage of Rs. 500 and Rs. 1000 banknotes are essential for; people are struggling hard and therefore, Barter has made a comeback.
This is what is happening and we are here to highlight the better perspectives for you. What if we barter?
Let's Barter India, a community for like-minded Indians to connect and barter their pre-loved goods. They aim to bring back the concept of barter and make exchanging cool. Who needs the money anyway, right?
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