Demonetization: Positive Impacts on Indian Economy | Original Article

ABSTRACT:

This paper throws light on some of those areas which are mostly ignored while criticizing the move of government of India taken on November 8th, 2016. Yes the topic concerned is Demonetization. As every coin have two sides, so every move also. Through this stroke of Demonetization our government has proved its strong and bold decision making. It has shown its supremacy over every syndicator, attacking their selfish motives. In this paper some of those areas have been discussed which are most positively affected by demonetization. This paper studies the aspects where no solution than Demonetization was helpful. The effect can be seen in decreasing criminal activities, improving reputation of our country all over the world and loss of syndicators’ economy. The present work explains why government demonetized only big denomination currency.