A Study on the Demonetization and Its Impact on Indian Economy | Original Article

ABSTRACT:

Demonetisation did a year ago on eighth November 2016 maybe was the absolute most choice after autonomy that influenced everyone of India is it a politician, businessman, bureaucrat, laborer, housewife, child, and so forth. Demonetisation done by our fair Prime Minister Narendra Modi a year ago was with a generally excellent expectation to decrease corruption and black money from the economy, acquire straightforwardness and more noteworthy formalization the economy. This single most choice shook the economy for some time, and everyone bantered on its effect on Indian economy, business and various sectors of the economy. Presently the economy has left that unexpected twitch of cash crunch and attempting to be balanced out, so it is a really decent time to examine the impacts of this demonetization on our economy. Despite the fact that it will take at any rate 5-6 years to get the total aftereffects of this demonetization some short-term impacts are very unmistakable. This paper is an endeavor to discover these short-term effects of demonetization on Indian Economy both positive and negative. This paper presents illustrative, expository methodology dependent on auxiliary information to discover these positive and negative impacts of this demonetization on Indian economy in most recent one year