Table 3

Percentage of non-cash income among tertiary and secondary centres

VariableTertiary centres
September–October
Reference period
November–DecemberP valueJanuary–FebruaryP valueMarch–AprilP value
Non-cash
 Demonetisation periods34.52 (16.70)60.05 (15.46)0.0254.07 (16.53)0.0755.11 (19.41)0.08
 Control periods30.35 (15.10)30.74 (15.55)0.9731.86 (14.92)0.8630.63 (20.44)0.98
Secondary centres
Non-cash
 Demonetisation periods2.80 (4.14)12.31 (14.46)0.0611.34 (12.55)0.386.38 (6.02)0.98
 Control periods1.93 (3.41)1.89 (3.46)0.991.86 (3.66)0.432.00 (3.16)0.96
  • Here, non-cash transactions are represented as a percentage (S.D.) of the total transactions. As there are multiple comparisons, p<0.02 is considered as significant. Only three secondary centres had non-cash facilities. The demonetisation periods were from September 2016 to April 2017 and September–October 2016 was the pre-demonetisation reference period, November–December 2016 was the early demonetisation period, January–February 2017 was the late demonetisation period and March–April 2017 was the post-demonetisation period. The control periods were taken as corresponding months from September 2015 to April 2016.