• D Jhansi

Demonetization of Higher Denomination currency in India was announced on Nov 8, 2016.The unprecedented move announced by the Prime Minister of India in an untimely Television interview had affected the common people in many ways. From standing in long queue outside the ATM’s and running from pillar to post to get change for the new 2000 Rs note common man of this country had suffered much. The objectives of Demonetization were to curb corruption and terrorism funding and this scheme was hailed as the tool to fight the war against Black money. Initially the move received huge applause from wide range of people from Economists to bankers and also the common man and woman of this county gave thumbs up to the scheme on all social media. But the aftermath of the implementation raised several eye brows. Was this scheme an ill advised one? Economists like Dr. Manmohan singh calling this scheme a monumental mismanagement and legalized plunder. This study aims to find the opinion of people on Demonetization and whether it had achieved the stated objectives. Let us go through the views of the people and analyze whether Demonetization of higher denomination currency in 2016- A Boon or Bane. This study is empirical in nature and the primary data is collected through structured questionnaires

Demonetization, Corruption, Black money, A Bane or Boon

"A Study on Demonetization of Higher Denomination of Indian currency in 2016", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 7, page no.291-295, July-2018, Available :http://www.jetir.org/papers/JETIR1807644.pdf

"A Study on Demonetization of Higher Denomination of Indian currency in 2016", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 7, page no. pp291-295, July-2018, Available at : http://www.jetir.org/papers/JETIR1807644.pdf