Demonetization

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Demonetisation Decoded

Author : Jayati Ghosh
Publisher : Taylor & Francis
ISBN 13 : 1351664018
Total Pages : 120 pages
Book Rating : 4.3/5 (516 download)

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Book Synopsis Demonetisation Decoded by : Jayati Ghosh

Download or read book Demonetisation Decoded written by Jayati Ghosh and published by Taylor & Francis. This book was released on 2017-03-16 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: On the night of 8 November 2016, at 8:15 pm, India’s Prime Minister, Narendra Modi, announced in a televised broadcast to the nation that with effect from midnight, currency notes of denominations Rs 500 and Rs 1,000 would no longer be legal tender. In one stroke, this involved the de-recognition of over 86 per cent of the value of Indian currency in circulation with only four hours’ notice. This important book provides a quick and concise explanation of the goals, implications, initial effects and the political economy of this major demonetisation move by the Government of India. It clarifies key concepts and offers astute economic analysis to guide the reader through the various claims, arguments and critiques that have been made; highlights the complexities of the processes that have been unleashed; and examines the likely outcomes in the long term as well as those that are immediately evident. Timely and lucid, this book will interest students and researchers in the fields of economics, finance, management, law, politics and governance as well as policy makers, legislators, civil society activists and the media.

Understanding Demonetization in India

Author : Shrawan Kumar Singh
Publisher : Business Expert Press
ISBN 13 : 1949991067
Total Pages : 156 pages
Book Rating : 4.9/5 (499 download)

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Book Synopsis Understanding Demonetization in India by : Shrawan Kumar Singh

Download or read book Understanding Demonetization in India written by Shrawan Kumar Singh and published by Business Expert Press. This book was released on 2019-04-04 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the very concept, history, critique, and impact on the overall economy and black money, the move toward less-cash economy and digitalization, government–RBI relations, along with an assessment of two years of demonetization. Demonetization has created a severe macroeconomic shock. The measure was humungous in scale and led to a sharp contraction in money supply for a short period. Although demonetization’s proponents have contended that it would cleanse the economy of black money and make transactions more formal and digital, its implementation certainly could have been better. The effects of demonetization on the Indian economy are debatable and will vary by sector. Its effectiveness will be talked about and studied by economists and policy makers for decades to come. Demonetization has made only a minor dent in the GDP. It has helped to bring more people into the tax net and has reduced the size of the informal economy. With the increased use of digital payments, economic transactions become recorded. This book examines the very concept, history, critique, and impact on the overall economy and black money, the move toward less-cash economy and digitalization, government–RBI relations, along with an assessment of two years of demonetization. It would be prudent for the government to focus more on proper institutional reforms to address the issues originating from demonetization.

The Demonetization Phenomenon

Author : Prabhat Pankaj
Publisher : Bloomsbury Publishing
ISBN 13 : 9386643103
Total Pages : 192 pages
Book Rating : 4.3/5 (866 download)

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Book Synopsis The Demonetization Phenomenon by : Prabhat Pankaj

Download or read book The Demonetization Phenomenon written by Prabhat Pankaj and published by Bloomsbury Publishing. This book was released on 2018-11-18 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Confused about Demonetization? Not really sure what it was about? Do you have a vague idea but are not sure about certain aspects? Then this is the book for you. Discover the answers to all your queries here, as we explore: -Job prospects after demonetization -What demonetization means for you as a layman -Whether demonetization spells well for all economic classes -India's infrastructural support f or a digital economy -The reforms needed to support demonetization -Its impact on sectors as different as retail, real estate, telecom and banking The storm that swept away all your old currency may have settled down but the landscape it has left behind is a changed one. Inspiring not just a backlash and intense debates but new start-up opportunities, demonetization is still not ready to be relegated to the trash can of history.

India’s Demonetization, Pros and Cons

Author : Dr.V.V.L.N. Sastry
Publisher : Idea Publishing
ISBN 13 :
Total Pages : 196 pages
Book Rating : 4./5 ( download)

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Book Synopsis India’s Demonetization, Pros and Cons by : Dr.V.V.L.N. Sastry

Download or read book India’s Demonetization, Pros and Cons written by Dr.V.V.L.N. Sastry and published by Idea Publishing. This book was released on 2020-03-06 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: November 8, 2016 declaration by Indian Prime Minister, Narendra Modi that all 500-and 1000-rupee bank notes of the Mahatma Gandhi Series would ease being legal tender from midnight of 9th November 2016 was greeted with shock and dismay. India is, not the first country to demonetize its currency. Several countries have used the practice due to various reasons. The U.S., Ghana, Nigeria, European Union, Soviet Union, North Korea, and Zimbabwe are some of the countries that have demonetized their currencies. The reasons are almost similar to the reasons as to why India demonetized its currency. The Indian government claimed that the objectives of demonetization were to remove fake currency from circulation, tackle terrorism funding, left-wing extremism, remove black money, create a cashless economy, and to convert the informal economy into a formal economy. This was expected to help in expanding the tax-base and employment. However, demonetization had several disadvantages too. It reduced the level of cash in circulation. The cash-crunch was caused by the introduction of the Rs. 2,000 notes into circulation. This high value currency made it difficult to carryout financial transactions due to unavailability of other denominations to match the need for equivalent change. People could not make use of Rs. 2000 notes for to make small purchases. Demonetization also inconvenienced members of the public as the government only abolished certain currency from circulation and kept others. It necessitated people to spend a longtime queuing outside banks and cash machines to get new currency. People lost valuable time that they could have spent undertaking other economically productive activities. It also led to the slowdown of the economic growth while some people even engaged in fraud and corruption. Demonetization, for instance, also provided money changers an opportunity to convert black money to white at no cost. In reality, demonetization affected only a small proportion of the assets accumulated through illegal activities. Another disadvantage of demonetization is that it does not control the source of the illegal funds. This book provides background of demonetization details, pros and cons.

DEMONETIZATION: MIRROR OR MIRAGE

Author : Ms. Geetanjali Shrivastava & Ms. Megha Pare
Publisher : Horizon Books ( A Division of Ignited Minds Edutech P Ltd)
ISBN 13 : 9386369532
Total Pages : 106 pages
Book Rating : 4.3/5 (863 download)

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Book Synopsis DEMONETIZATION: MIRROR OR MIRAGE by : Ms. Geetanjali Shrivastava & Ms. Megha Pare

Download or read book DEMONETIZATION: MIRROR OR MIRAGE written by Ms. Geetanjali Shrivastava & Ms. Megha Pare and published by Horizon Books ( A Division of Ignited Minds Edutech P Ltd). This book was released on 2017-01-01 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ever since demonetization, Dr. Fr. John P J has been thinking about publishing a book. He tossed the idea to us about what it could be and how we could go for really formalizing it. It just seemed like a neat idea, and gave us a ton of latitude to take things in our own way and focused heavily on the conceptualization of the entire process that could provide useful information about the impact of Demonetization to a broad audience.

Demonetization: India’s Cashless Economy

Author : Prof. (Dr.) B. Uday Kumar & Mrs. K. Radhika
Publisher : Horizon Books ( A Division of Ignited Minds Edutech P Ltd)
ISBN 13 : 9386369389
Total Pages : 113 pages
Book Rating : 4.3/5 (863 download)

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Book Synopsis Demonetization: India’s Cashless Economy by : Prof. (Dr.) B. Uday Kumar & Mrs. K. Radhika

Download or read book Demonetization: India’s Cashless Economy written by Prof. (Dr.) B. Uday Kumar & Mrs. K. Radhika and published by Horizon Books ( A Division of Ignited Minds Edutech P Ltd). This book was released on with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the developing economy like ours, the importance of Demonetization is to a great extent has been acknowledged by all specially when optimum utilization of resources is the crying need of the day. in the view of this, this topic is gaining importance and thus has been included in the curriculum of Telangana state. This book has primarily been written in the simple language and in a lucid style with a view to explain to the society. numerous examples have been incorporated in this book to illustrate the basic principles of the subject. A good number of practical problems with examples are mentioned in this book by common people.

History of Demonetization

Author : Bronson C. Keeler
Publisher :
ISBN 13 :
Total Pages : 120 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis History of Demonetization by : Bronson C. Keeler

Download or read book History of Demonetization written by Bronson C. Keeler and published by . This book was released on 1896 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:

From Lehman to Demonetization

Author : Tamal Bandyopadhyay
Publisher : Penguin Random House India Private Limited
ISBN 13 : 938732639X
Total Pages : 379 pages
Book Rating : 4.3/5 (873 download)

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Book Synopsis From Lehman to Demonetization by : Tamal Bandyopadhyay

Download or read book From Lehman to Demonetization written by Tamal Bandyopadhyay and published by Penguin Random House India Private Limited. This book was released on 2017-11-23 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: How did Indian banking protect itself from the Lehman Crash? What nearly wiped out the MFI sector in India? Why are public-sector banks suffering from so many non-performing assets? What is the conflict between the RBI and the finance ministry? From Lehman to Demonetization is the epic story of banking in India in the last decade. The years from 2007-17 were the most tumultuous and exciting years of this sector. It saw D. Subbarao, Raghuram Rajan and Urijit Patel as RBI governors working with finance ministers Pranab Mukherjee, P. Chidambaram and Arun Jaitley. What a decade it has been-from India's first MFI, SKS Microfinance, getting listed to the near death of the industry; the RBI giving the nod for twenty-three banks and becoming an inflation targeter; from 9 per cent economic growth for three years to the jolt of demonetization. These essays make for a riveting read. The book also features interviews with the who's who of this sector, including Deepak Parkeh, K.V. Kamath, Arundhati Bhattacharya, Chanda Kochchar, Aditya Puri, Shikha Sharma, Raghuram Rajan, U.K. Sinha and Viral Acharya. If you had to read one book on banking in India, this would be it!

Demonetization and the Black Economy

Author : Arun Kumar
Publisher : India Portfolio
ISBN 13 : 9780143456407
Total Pages : 344 pages
Book Rating : 4.4/5 (564 download)

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Book Synopsis Demonetization and the Black Economy by : Arun Kumar

Download or read book Demonetization and the Black Economy written by Arun Kumar and published by India Portfolio. This book was released on 2022-05 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demonetization and Black Economy gives a blow-by-blow account of what happened and what were it s effects. This is a powerful book by India's foremost expert on black economy and public finance. The book is a no-holds-barred look into what happens to a nation when its own government devalues its currency. Also find out what were the social, political and economic costs to the nation. This is a hardhitting look at demonetization, and why it could be one of the worst mistakes made by an Indian government with serious social, political and economic consequences. --

The Big Reverse

Author : Meera Sanyal
Publisher : Harper Collins
ISBN 13 : 9353023955
Total Pages : 216 pages
Book Rating : 4.3/5 (53 download)

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Book Synopsis The Big Reverse by : Meera Sanyal

Download or read book The Big Reverse written by Meera Sanyal and published by Harper Collins. This book was released on 2018-11-10 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: 8 November 2016 was a black swan event in Indian history. At one stroke, 86 per cent of the currency in circulation was demonetized, causing confusion, chaos and endless misery to the common Indian. While the Modi government claimed that it was the silver bullet that India needed to eliminate many of its longstanding problems such as black money, corruption, tax evasion and terror funding, the months that followed proved it otherwise. The return of 99.7 per cent of the banned 500 rupee and 1,000-rupee notes showed that the RBI's idea of Demonetization Dividend was nothing but a mirage. In the process, livelihoods of millions in the informal sector were destroyed, causing enormous distress to farmers and, traders and forcing many micro, small and medium businesses into bankruptcy. One of India's most respected bankers, Meera H. Sanyal provides the most comprehensive analysis of the policy, its execution and pitfalls. The Big Reverse presents unprecedented insights backed by data, history and research. And as a result, answers the questions that still continue to haunt Indians, on the what, why and how of demonetization.

Demonetization

Author : Pankaj Sharma
Publisher : Bloomsbury Publishing
ISBN 13 : 9388038010
Total Pages : 158 pages
Book Rating : 4.3/5 (88 download)

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Book Synopsis Demonetization by : Pankaj Sharma

Download or read book Demonetization written by Pankaj Sharma and published by Bloomsbury Publishing. This book was released on 2019-02-04 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: On 8 November 2016, at 8:00 PM IST, Prime Minister Narendra Modi announced that four hours from his declaration, all 500 and 1000 rupees notes would be devalued. At the stroke of the midnight hour, India awoke to an unexpected tryst with demonetization. An incisive and insightful take on the issue, Pankaj Sharma and Saurav Sanyal's book gives agency to the ordinary Indian voters, the 'torchbearers of democracy'. Going beyond the idea of the citizen as a mere recipient of the government's edicts or munificence, the authors focus on the power of the common man as a voter and the repercussions of demonetization on the upcoming 2019 general elections in India. In 2019, will demonetization be seen as the waterloo of Modi, or will he emerge stronger and even more powerful? In dissecting the political implications of demonetization, the authors espouse a varied yet nuanced approach. From discussing the role of human psychology in making political choices to a search for an on-the-ground sentiment in determining the factors of influence, Sharma and Sanyal leave no stone unturned in analysing demonetization as THE political issue for the future of Indian democracy.

Official Proceedings of the Seventh Convention of the Trans-Mississippi Commercial Congress

Author :
Publisher :
ISBN 13 :
Total Pages : 292 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Official Proceedings of the Seventh Convention of the Trans-Mississippi Commercial Congress by :

Download or read book Official Proceedings of the Seventh Convention of the Trans-Mississippi Commercial Congress written by and published by . This book was released on 1894 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Global Challenges and Strategic Disruptors in Asian Businesses and Economies

Author : Ordóñez de Pablos, Patricia
Publisher : IGI Global
ISBN 13 : 1799847888
Total Pages : 358 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Global Challenges and Strategic Disruptors in Asian Businesses and Economies by : Ordóñez de Pablos, Patricia

Download or read book Global Challenges and Strategic Disruptors in Asian Businesses and Economies written by Ordóñez de Pablos, Patricia and published by IGI Global. This book was released on 2020-09-25 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategic disruptors in companies and economies, including blockchain technology, big data, and artificial intelligence, can contribute to the creation of new business opportunities, jobs, and growth. Research is needed on the impacts of these disruptors in Asia, as well as analyses on new business ecosystems and policy implications. Global Challenges and Strategic Disruptors in Asian Businesses and Economies presents a rich collection of chapters that explore and discuss the state of the art, emerging topics, challenges, and success factors in business, big data, innovation, and technology in Asia. The book explores how the internet of things, big data, and artificial intelligence can provide solutions for global challenges and companies. Including topics on digital economy, strategic management, and information technologies, this book is ideal for managing directors, general managers, corporate heads of firms, politicians, executives, entrepreneurs, academicians, decision makers, policymakers, researchers, and students looking to enhance their understanding and collaboration in business, disruptive innovation, and technology in Asia.

Understanding Demonetization in India

Author : Shrawan Kumar Singh
Publisher :
ISBN 13 : 9781949991055
Total Pages : 0 pages
Book Rating : 4.9/5 (91 download)

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Book Synopsis Understanding Demonetization in India by : Shrawan Kumar Singh

Download or read book Understanding Demonetization in India written by Shrawan Kumar Singh and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the very concept, history, critique, and impact on the overall economy and black money, the move toward less-cash economy and digitalization, government-RBI relations, along with an assessment of two years of demonetization. Demonetization has created a severe macroeconomic shock. The measure was humungous in scale and led to a sharp contraction in money supply for a short period. Although demonetization's proponents have contended that it would cleanse the economy of black money and make transactions more formal and digital, its implementation certainly could have been better. The effects of demonetization on the Indian economy are debatable and will vary by sector. Its effectiveness will be talked about and studied by economists and policy makers for decades to come. Demonetization has made only a minor dent in the GDP. It has helped to bring more people into the tax net and has reduced the size of the informal economy. With the increased use of digital payments, economic transactions become recorded. This book examines the very concept, history, critique, and impact on the overall economy and black money, the move toward less-cash economy and digitalization, government-RBI relations, along with an assessment of two years of demonetization. It would be prudent for the government to focus more on proper institutional reforms to address the issues originating from demonetization.

Mathematical Models of Infectious Diseases and Social Issues

Author : Nita H. Shah
Publisher : Medical Information Science Reference
ISBN 13 : 9781799837411
Total Pages : 0 pages
Book Rating : 4.8/5 (374 download)

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Book Synopsis Mathematical Models of Infectious Diseases and Social Issues by : Nita H. Shah

Download or read book Mathematical Models of Infectious Diseases and Social Issues written by Nita H. Shah and published by Medical Information Science Reference. This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book explores the transmission dynamics of infectious diseases and social issues"--

Who Painted My Money White?

Author : Sree Iyer
Publisher :
ISBN 13 : 9781732025622
Total Pages : 288 pages
Book Rating : 4.0/5 (256 download)

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Book Synopsis Who Painted My Money White? by : Sree Iyer

Download or read book Who Painted My Money White? written by Sree Iyer and published by . This book was released on 2019-12-26 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: A ship carrying 2 containers worth Rs.5000 crores in 500- and 1000-rupee notes, docks in the dark of night at Kochi. The money is quickly distributed to members of a minority community using a network of 100 Chartered accountants. The bulk of the money finds its way back into fake firms, shell corporations and charities with the sole aim of destabilizing the country.A DIABOLICAL PLAN BY THE FREEDOM PARTY TO WEAKEN INDIAGreedy politicians of the Freedom Party want to ensure that the opposition can never come to power. Pander to the largest minority, enrich them beyond their expectations and ensure they will be with the party. To this end, a plan is hatched to print high denomination money and try and increase the velocity of money, thereby creating the illusion of growth. A compromised Finance Minister is forced to buy paper from the same sources as India's rival Pakistan. Their intelligence wing gets hold of the security threads being used in Indian notes through honey trapping and comes up with notes that are almost as good as the real ones.The fake money brought in slowly starts moving around the country, driving up inflation and real estate prices, mixing with good notes. Because of a series of scams, the government gets voted out and a single party (People's Voice) gets absolute majority. The new party responds to a terrorist attack with a surgical strike deep in the enemy territory.Pakistan decides to retaliate by flooding India with fake currency, by tripling its fake currency production. India responds by demonetizing the 500- and 1000-rupee notes and printing new notes of a different size. But despite the best attempts, a porous border with Nepal and Bangladesh results in a significant amount of the fake currency entering Indian banks. When the notes were tallied, instead of 87% of printed notes coming back to the Reserve Bank, 113% comes!The counterfeit money is used to spawn different types of nefarious activities including a plot to assassinate the newly elected Prime Minister. Will the Intelligence Bureau track the assassin and protect the PM?

The Black Economy in India

Author : Arun Kumar
Publisher : Penguin Books India
ISBN 13 : 9780143028673
Total Pages : 434 pages
Book Rating : 4.0/5 (286 download)

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Book Synopsis The Black Economy in India by : Arun Kumar

Download or read book The Black Economy in India written by Arun Kumar and published by Penguin Books India. This book was released on 2017 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, the author critically examines the standard explanations for the causes and consequences of black income generation. His analysis lays bare the pernicious effects of black income on the macroeconomy and the resultant inefficiency, waste in the economy and society.