Thursday, 23 May, 2024




Demonetisation: Impact on Indian Economy and Indian Society

ANWESH: International Journal of Management & Information Technology

Volume 2 Issue 1

Published: 2017
Author(s) Name: O. P. Soni, Himadri Phukan | Author(s) Affiliation: 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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