• Dr. Udham Singh
• Mr. Sanjay Kumar Singh

On 8th November, 2016 our Prime Minister Shri Narendra Modi, announced demonetisation decision. Of this cash, 87% is in the form of Rs. 500 and Rs. 1,000 notes or roughly Rs. 14 lakh crore ($190 billion). Indian Demonetisation has impacted the economy remarkably and lots of repercussions were recorded, few sectors of the economy are hoping to get positive impact whereas few fear to get hard hit. A significant portion of the household cash on hand is generated by economic transactions that are not reported to tax authorities or generated through corruption. Sudden announcement of demonetisation has resulted in to insecurity and fear among peoples. There were huge crowds outside ATMs across the country as people lined up to withdraw currency of smaller denomination. Media- news channels and newspapers were projecting suffering of people as well as benefits of demonetisation. This research article therefore, is an attempt to find out ground reality and how demonetisation had impacted the different sectors of Indian Economy.

Demonetization, Cashless transaction, Digital economy, Indian Economy

"A STUDY OF DEMONETISATION AND THEIR IMPACT ON INDIAN ECONOMY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 1, page no.1348-1355, January-2018, Available :http://www.jetir.org/papers/JETIR1801250.pdf

"A STUDY OF DEMONETISATION AND THEIR IMPACT 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. pp1348-1355, January-2018, Available at : http://www.jetir.org/papers/JETIR1801250.pdf