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ISSN Print: 2394-7500, ISSN Online: 2394-5869, CODEN: IJARPF

IMPACT FACTOR (RJIF): 8.4

Vol. 3, Issue 6, Part I (2017)

Demonetisation in India: Expectations and effects so far

Demonetisation in India: Expectations and effects so far

Author(s)
Dr. Rajinder Singh
Abstract
Prime Minister of India on 8th Nov, 2017 suddenly announced the Government of India’s decision to demonetise currency notes of Rs. 500 and Rs. 1,000. The decision was taken to curb the menace of corruption and black money. Apart from this, it was expected that use of illicit and counterfeit cash to fund illegal activity and terrorism will also be curtailed after demonetisation. This article reviews the short term results and effects of demonetisation so far on Indian Economy.
Pages: 619-621  |  1052 Views  67 Downloads
How to cite this article:
Dr. Rajinder Singh. Demonetisation in India: Expectations and effects so far. Int J Appl Res 2017;3(6):619-621.
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