ANWESH: International Journal of Management & Information Technology

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Demonetisation:Impact on Indian Economy and Indian Society


Affiliations
1 COER School of Management, Roorkee, Uttarakhand, India
2 DOMS, COER School of Management, Roorkee, Uttarakhand, India
     

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Demonetisation refers to withdrawl of a particular form of currency from circulation. The old unit of currency must be removed and substituted with a new currency unit. Demonetisation took place on 8 November 2016 by the present Modi Government. This is a bold step which has been taken by the Government for the betterment of the Indian economy and Indian Society. This article discusses the impact of recent demonetisation on the Indian System.

Keywords

Black Money, Corruption, Demonetisation, Indian Economy.
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  • Demonetisation:Impact on Indian Economy and Indian Society

Abstract Views: 270  |  PDF Views: 5

Authors

O. P. Soni
COER School of Management, Roorkee, Uttarakhand, India
Himadri Phukan
DOMS, COER School of Management, Roorkee, Uttarakhand, India

Abstract


Demonetisation refers to withdrawl of a particular form of currency from circulation. The old unit of currency must be removed and substituted with a new currency unit. Demonetisation took place on 8 November 2016 by the present Modi Government. This is a bold step which has been taken by the Government for the betterment of the Indian economy and Indian Society. This article discusses the impact of recent demonetisation on the Indian System.

Keywords


Black Money, Corruption, Demonetisation, Indian Economy.