JETIREXPLORE- Search Thousands of research papers



Published in:

Volume 5 Issue 1
January-2018
eISSN: 2349-5162

Unique Identifier

JETIR1801176

Page Number

884-888

Share This Article


Title

Impact of Demonetization on Indian Economy

ISSN

2349-5162

Cite This Article

"Impact of Demonetization on Indian Economy", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 1, page no.884-888, January 2018, Available :http://www.jetir.org/papers/JETIR1801176.pdf

Abstract

The demonetization policy of Government of India (GOI) is the current and hot topic of discussion in newspapers, magazines, research papers, articles, books, journals etc. Government decided to demonetize the high-denomination notes i.e. 500 and 1000 Rupees notes, this step has been declared as a master stroke for the Indian economy. Demonetization was done as a positive step towards economic development of Indian economy. There are various advantages and disadvantages of the demonetization policy. There are also multiple reasons why a country demonetizes its currency i.e. to check the inflation, to curb the corruption, for transparency and to promote the cashless transactions. The present study explains the impact of demonetization, its positive and negative effect on our economy.

Key Words

Demonetization, cashless transactions, ATM (Automated Teller Machine), NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement).

Cite This Article

"Impact of Demonetization on Indian Economy", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 1, page no. pp884-888, January 2018, Available at : http://www.jetir.org/papers/JETIR1801176.pdf

Publication Details

Published Paper ID: JETIR1801176
Registration ID: 182227
Published In: Volume 5 | Issue 1 | Year January-2018
DOI (Digital Object Identifier):
Page No: 884-888
ISSN Number: 2349-5162

Download Paper

Preview Article

Download Paper




Cite This Article

"Impact of Demonetization on Indian Economy", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 1, page no. pp884-888, January 2018, Available at : http://www.jetir.org/papers/JETIR1801176.pdf




Preview This Article


Downlaod

Click here for Article Preview