UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 6 Issue 5
May-2019
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1905V30


Registration ID:
309965

Page Number

3111-3114

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Title

Demonetisation and Indian Economy

Abstract

The demonetisation of 500-rupee note in November 2016has had far-reaching effects on Indian Economy. It was aimed at unearthing black money, preventing circulation of fake money while promoting digital payment systems and a transition to cashless economy. However, after one year of the experiment these objectives have not been met and the economy is facing numerous hardships. The economy has slowed down with many sectors facing cash crunch and large scale clasing down of small industries. The paper analyses some of these effects of demonetization on the economy and concludes that the losses far outweigh the gains from it.

Key Words

Digitalization, demonetisation, India, Industry, Money, Unemployment

Cite This Article

"Demonetisation and Indian Economy", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 5, page no.3111-3114, May-2019, Available :http://www.jetir.org/papers/JETIR1905V30.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Demonetisation and Indian Economy", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 5, page no. pp3111-3114, May-2019, Available at : http://www.jetir.org/papers/JETIR1905V30.pdf

Publication Details

Published Paper ID: JETIR1905V30
Registration ID: 309965
Published In: Volume 6 | Issue 5 | Year May-2019
DOI (Digital Object Identifier):
Page No: 3111-3114
Country: -, -, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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