Demonetization and Its Effects in India
DOI:
https://doi.org/10.26703/jct.v12i2.164Keywords:
Demonetization, GDP, Indian Economy, Black Money, CorruptionAbstract
On 8 nov 2016 Indian Government had taken a bold decision of banning the circulation of 500 and 2000 notes. The Central Government was judicious well thought out and had taken a well implemented step. This a measure was taken for the Prime Minister to solve the problem of corruption, black money and counterfeit money. This study will help us to know about the positive nd negative effect of the demonetization. This study is based on secondary data like magazines, internet, research paper through some companies etc. and to analyse all the aspects of demonetization and calculate the worse and better effects of it on india. It also studies the demonetization in other countries and compare it with India.
JEL Classification : A 10, E 41, E 42, E 52.
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Partap Singh. 2013. Depreciation of Rupee in Indian Economy: An Analysis, “International Journal of Innovations in Engineering and Technology (IJIET)”, Vol. 2 Issue 4 August 2013 332, (ISSN: 2319 1058)
Partap AGGRAWAL. 2014. Gold Prices in THE India: Study of Trends and Patterns, “International Journal of Innovations in Engineering and Technology (IJIET)”, Vol. 2 Issue THE 4 August 2013 332, ( ISSN: 2319 1058)
Philipose Mobis, How badly has Demonetisation of THE rupee hit the Indian market,
Sabnivas Madan, Sawarkar Anushka, SHARMA Mradul, Economic consequences of demonetisation of 500 and 100 rupee notes.
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