Demonetisation Policy: Its impact on the Real Estate Sector Abstract:- The sudden demonetisation policy, which sucked out over 80 percent of the currency in circulation, has hurt the Indian economy with the RBI itself downgrading the growth forecast for this fiscal to 7.1 percent from 7.6 percent earlier. The abolition of Rs 500 and Rs 1000 notes had come as a shock to several Indian industries, […]
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, […]