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 –Worst Effected the Small Traders

Abstract: – Demonetization is the process in which a particular currency or valuable mineral is degraded as a legal tender. This happens when a certain currency is no longer in regular use within the country of origin, or when a newer currency comes into circulation. The latest demonetisation, in India was the suddenly announcement by Prime Minister of India on 8th November at 8.30 p.m. […]

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