Demonetization: Economic Impact on Different Sectors in India

Demonetization: Economic Impact on Different Sectors in India Abstract – Demonetization refers to change of currency by a government to curb illegal activities and transactions. India initiated its controversial plan of demonetization on 8th Nov 2016, by making the Rs 500 / 1000 notes not as legal tender. Through this momentous move the Indian Government tried to tackle four key issues: undesirable upsurge of black money, […]

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Demonetisation: An Analysis of Intended Benefits and Unintended Consequences

Demonetisation: An Analysis of Intended Benefits and Unintended Consequences Abstract: – Demonetisation is the mechanism by which the government states to withdraw the money which is current legal tender. The government being sovereign can take such decision. The effect of this announcement is that the currency notes in circulation will now cease to be valid tender and can only be exchanged at the banks. India’s […]

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