Demonetization in India (2016)

Simarjeet Singh

Abstract: The government of India has demonetized the Rs.500 and Rs.1000 banknotes on November 8, 2016 with the purpose of reducing black money and counterfeit currency and terror funding and to go for a formal economy. In this sense, the paper aims to see the reasons, issues, challenges, implementation and impacts of demonetization on Indian economy.

Keywords: Demonetization, black money, counterfeit currency & terror funding, demonetization in india,

How to Cite?: Simarjeet Singh, "Demonetization in India (2016)", Volume 9 Issue 6, June 2020, International Journal of Science and Research (IJSR), Pages: 532-537, https://www.ijsr.net/getabstract.php?paperid=SR20607192633, DOI: https://dx.doi.org/10.21275/SR20607192633