International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 6 Issue 6 November-December 2024 Submit your research before last 3 days of December to publish your research paper in the issue of November-December.
Submit Research Paper Join as a Reviewer

Plagiarism is checked by the leading plagiarism checker TurnItIn

Call for Paper

Volume 6 Issue 6
November-December 2024

Submit your research paper

Indexing Partners
Academia Advanced Sciences Index Bielefeld Academic Search Engine CiteSeer DRJI Google Scholar Independent Search Engine & Directory Network ISI (International Scientific Indexing) Issuu Mendeley Research Networks
RefSeek ResearcherId - Thomson Reuters ResearchGate Scirus Scribd Semantic Scholar UTeM - Universiti Teknikal Malaysia Melaka Wiki for Call for Papers WorldCat Zenodo

An Analysis of Demonetization and Its Effects on the Indian Economy

Author(s) Madhvi Kaushik
Country India
Abstract One significant development in the Indian economy is the demonetization. Individuals involved in illicit activities such as money laundering and tax evasion experience terror as a result of this. On November 8, 2016, the Indian government said that the 500 and 1000 rupee notes will no longer be accepted as legal money. The value of the cash supply in the nation is made up of 500 and 1000 rupee notes to the tune of almost 86%. Here, the government's primary goals were to battle tax evasion, eradicate black money, end terrorism funding, stop inflation, find counterfeit money, and encourage a cashless society. The news caused a great deal of difficulty for the general public in meeting their everyday transactions. We also note that this demonetization lowers the economy's growth rate. Additionally, demonetization has certain negative effects on the Indian economy. The main objectives of this study to know the reason of demonetization and its impact on economy. As result we see that demonetization affected economy positively as well as negatively.
Keywords Key Word: Black Money, Demonetization, Cashless Economy, Parallel Economy, Digital Transactions
Field Business Administration
Published In Volume 6, Issue 3, May-June 2024
Published On 2024-06-11
Cite This An Analysis of Demonetization and Its Effects on the Indian Economy - Madhvi Kaushik - IJFMR Volume 6, Issue 3, May-June 2024. DOI 10.36948/ijfmr.2024.v06i03.22567
DOI https://doi.org/10.36948/ijfmr.2024.v06i03.22567
Short DOI https://doi.org/gtzjg8
View / Download PDF File

Share this



E-ISSN 2582-2160
CrossRef

CrossRef DOI is assigned to each research paper published in our journal.

IJFMR DOI prefix is
10.36948/ijfmr

Downloads
Research Paper Format Copyright Permission Form and Undertaking Form Cover Page Vol 6 Isu 6Cover Page Vol 6 Isu 5Cover Page Vol 6 Isu 4

All research papers published on this website are licensed under Creative Commons Attribution-ShareAlike 4.0 International License, and all rights belong to their respective authors/researchers.

CC-BY-SA Open Access

About IJFMR
Fees & Payment
Current Issue
Publication Archive 		Submit Research Paper
Track Submission Status
Publication Guidelines
Publication Ethics
Peer Review & Plagiarism 		Join as a Reviewer
Editors & Reviewers
Reviewer Referral Program
Get Reviewer Membership Certi. 		Website/Journal Policies
Usage Policy
Content Policies
Privacy Policy
Contact Us +91-9898-5948-55 editor@ijfmr.com