Real Impact of Demonetization on Various Sectors of Indian Economy and Society?

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Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781547103003
Total Pages : 768 pages
Book Rating : 4.1/5 (3 download)

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Book Synopsis Real Impact of Demonetization on Various Sectors of Indian Economy and Society? by : Ajit Kumar Roy

Download or read book Real Impact of Demonetization on Various Sectors of Indian Economy and Society? written by Ajit Kumar Roy and published by Createspace Independent Publishing Platform. This book was released on 2017-06-05 with total page 768 pages. Available in PDF, EPUB and Kindle. Book excerpt: In November 2016 after the demonetisation decision was taken to curb black money and root out corruption, allegations were made that the move will harm the economy. But the financial figures of the last quarter give the answer. I. Post demonetisation, cash withdrawals have been declining rapidly from a peak of Rs 528 billion for the week ended 13th January to Rs 325 billion recently (week ended 24th March). II. Industrial output growth has risen to a 13-month high of 5.7% in November while retail inflation slowed to a 25-month low in December. III. India's foreign exchange reserves surged for the second consecutive week by $932.4 million to $360.775 billion in the week to January 20,2017 IV. The rupee hit a 16-month peak against the dollar to INR 65.41 per dollar V. The number of persons under the income tax net has increased by 91 lakh post note ban. VI. The CBDT has detected undisclosed income of over Rs 9,334 crores between November 9, 2016, and February 28, 2017. VII. Under Operation Clean Money (OCM), more than 60,000 persons, including 1,300 high-risk persons, have been identified. VIII. Income tax department will issue 700,000 letters seeking information about high-value transactions. IX. Indian economy grew by 7% in the fourth quarter of 2016 and 6.1% in 1st quarter of 2017. X. The real estate sector hit in the fourth quarter, but a strong contribution of the agricultural sector and manufacturing. XI. The purchasing managers' index (PMI) shows a large rebound. XII. Shell companies provided a strong support system for black money after demonetization are in the process of identification and tax net. XIII. The income tax (I-T) department has begun its second phase of "Operation Black Money". XIV. More than 30 government-to-business services have been brought online, with e-filing, single-windows. XV. Foreign direct investment (FDI) into India increased by 9 per cent to a record level of $43.48 billion in 2016-17 The book entitled 'Real Impact of Demonetization on Various Sectors of Indian Economy and Society' covers nine key topics that are essential to assess the impact of demonetizationand its short, medium and long time economic, social and political impact in India. Ch-1: Demonetisation and Remonetisation; Ch-2: Demonetization and Indian Budget 2017; Ch-3: GDP Projection's Ch-4: Impact on Tax Collation; Ch-5: Impact on Cashless Economy; Ch-6: Impact of Demonetisation on Agriculture; Ch-7: Impact on Economy; Ch-8: Political Impact and Ch-9: Impact on Society.

Understanding Demonetization in India

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Publisher : Business Expert Press
ISBN 13 : 1949991067
Total Pages : 194 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 194 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.

Demonetization: India’s Cashless Economy

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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.

Demonetization and Black Economy

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Publisher : Penguin Random House India Private Limited
ISBN 13 : 9387326411
Total Pages : 228 pages
Book Rating : 4.3/5 (873 download)

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Book Synopsis Demonetization and Black Economy by : Arun Kumar

Download or read book Demonetization and Black Economy written by Arun Kumar and published by Penguin Random House India Private Limited. This book was released on 2017-12-20 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: On 8 November 2016, the prime minister announced the immediate cancellation of all Rs 500 and Rs 1000 denomination notes, wiping out 86 per cent of the currency in circulation. India's well-functioning economy went into a tailspin. This move, it was claimed, was made to wipe out corruption, deter the generation of black money, weed out fake Indian currency notes and curb terrorism. Overnight, people in India realized that the cash in their pockets had no value. A window of fifty days was granted to 1.3 billion people to convert their old notes into new ones. Businesses, especially in the unorganized sectors, came to a grinding halt. Patients in hospitals faced huge problems, farmers had difficulty buying inputs, weddings were scaled down, and fishermen watched their catch rot. Many lost their jobs and could not support their families. A year later, the RBI announced that 99 per cent of the old currency notes had been deposited with it. India continues to grapple with the effects of this move. The black economy has not been dented; counterfeiting and terrorism continue; the credibility of the RBI, banks and currency is damaged; the accountability of the Parliament and the prime minister has been eroded; and the social divide has widened. There have been many arguments and counter-arguments from both sides, but they have missed the complete picture. Demonetization and the Black Economy, for the first time, lucidly explains the story of demonetization along with its effects on the economy.

Demonetization & Indian Economy

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Publisher :
ISBN 13 : 9789386302427
Total Pages : 168 pages
Book Rating : 4.3/5 (24 download)

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Book Synopsis Demonetization & Indian Economy by : Ajanta Borgohain Rajkonwar

Download or read book Demonetization & Indian Economy written by Ajanta Borgohain Rajkonwar and published by . This book was released on 2018 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Demonetization and Its Impact on Indian Economy

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Publisher :
ISBN 13 : 9789381709962
Total Pages : 155 pages
Book Rating : 4.7/5 (99 download)

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Book Synopsis Demonetization and Its Impact on Indian Economy by : S. Pruthi

Download or read book Demonetization and Its Impact on Indian Economy written by S. Pruthi and published by . This book was released on 2017 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Demonetisation

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Publisher : People's Literature
ISBN 13 : 8193252551
Total Pages : 443 pages
Book Rating : 4.1/5 (932 download)

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Book Synopsis Demonetisation by : Sandeip Khakase

Download or read book Demonetisation written by Sandeip Khakase and published by People's Literature. This book was released on 2017 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is based on the 2016 Indian demonetisation. It revolves around demonetisation’s objectives stated by the Government as a measure to attack on black Money, terrorism, counterfeit currency and making cash-less, further corrected to less-cash economy. The book weighed these stated objectives and assessed whether objectives will be achieved by this demonetisation. In addition to three Indian demonetisations, the book covers 18 demonetisations across the globe and 14 demonetisation-like events. Analysed demonetisation on the basis of cost-benefit analysis, the book has also covered impact of demonetisation on major industries like FMCG, Realty, Power, infrastructure, etc. and on prime economic indicators like GDP, GVA, CRR, repo rate, inflation, etc.

Global Challenges and Strategic Disruptors in Asian Businesses and Economies

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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.

Note-Bandi

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Publisher : Oxford University Press
ISBN 13 : 0199092729
Total Pages : 484 pages
Book Rating : 4.1/5 (99 download)

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Book Synopsis Note-Bandi by : R. Ramakumar

Download or read book Note-Bandi written by R. Ramakumar and published by Oxford University Press. This book was released on 2018-02-16 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: The demonetisation of November 2016 will go down in history as one of the most intensely debated economic policy interventions of the Indian state. With the abolition of the legal tender status of Rs 500 and Rs 1,000 notes, about 86 per cent of the currency in circulation stood withdrawn from circulation in the economy. The purpose, according to the government, was to stamp out counterfeit currency, unearth black money, and usher in a less-cash economy. This work analyses in detail the conception and implementation of demonetisation, its impact on different spheres of the economy and sections of the people, and various claims of the government vis-à-vis demonetisation. It tries to locate the two demonetisations of 1978 and 2016 within the broader questions of tax evasion and the generation and storage of black money in India over the last six decades. It has a comprehensive introduction, supported by writings from the archives of the Economic & Political Weekly.

Demonetisation Decoded

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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.

Demonetization of Indian Economy

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Publisher :
ISBN 13 :
Total Pages : 9 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Demonetization of Indian Economy by : Dr. Paritosh Chandra Sinha

Download or read book Demonetization of Indian Economy written by Dr. Paritosh Chandra Sinha and published by . This book was released on 2017 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is money? Is it only a medium of exchange simply? Is “money” absent in the barter system? Is it an instrument of settlement of payment only or is it an instrument to store value for future consumption or to facilitate future transaction or exchange value for completion of the underlying the transaction? Is it not an instrument to exercise authority or to transform value from one form to another form or to redistribute the power to transact over time? Is it an authoritarian concept or pluralistic one? The connotation “money”, however, has different meanings in the orthodox vis-à-vis heterodox philosophy of economics. In the philosophy of orthodox economics, the money is described within the framework of "rationality-individualism-equilibrium” nexus while that in the heterodox philosophy, it is within the “institutions-history-social structure” nexus. The study critically views both the concepts with the philosophical perspectives and reviews the state theory of money (STM) and the modern theory of money (MTM). The study employs implicit learning and tacit knowledge methodology and explores them theoretically and holistically concludes with the reference to recent demonetisation in India.

Demonetisation

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Publisher :
ISBN 13 : 9789332703971
Total Pages : 0 pages
Book Rating : 4.7/5 (39 download)

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Book Synopsis Demonetisation by : Uma Kapila

Download or read book Demonetisation written by Uma Kapila and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demonetization has come to describe in India one economic decision that shook a billion people from the very moment it was announced by Prime Minister Narendra Modi on 8th November 2016; from the manifestation shrouded in secrecy, the rationale, the aftermath, the short and the long term economic impact, the social and political fallout, and much more. Endless animated discussions in virtually every kind of group at any kind of place, unending serpentine queues at banks and ATMs, continuous news headlines for days and weeks, countless speeches, reactions and counter-arguments, a stalled parliament--India's recent demonetization has indeed unfolded at an unprecedented scale. Amidst the din and cacophony, it makes a lot of sense to make available to the reader, a bunch of authentic writings by noted economists/scholars, and policymakers on how they view demonetisation.

Liberal Studies

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Publisher : IndraStra Global e-Journal Hosting Services
ISBN 13 :
Total Pages : pages
Book Rating : 4./5 ( download)

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Book Synopsis Liberal Studies by : Manpreet Sethi

Download or read book Liberal Studies written by Manpreet Sethi and published by IndraStra Global e-Journal Hosting Services. This book was released on 2017-12-31 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Liberal Studies journal is a trans-disciplinary bi-annual journal of the School of Liberal Studies, Pandit Deendayal Petroleum University, INDIA. Each issue of the journal amalgamates research articles, expert opinions, and book reviews on various strands with an endeavor to inquire the contemporary world concerns. Vol. 1, Issue. 2, July-December, 2016 ISSN 2688-9374 (Online) ISSN 2455-9857 (Print) OCLC No: 1119390574

Indian Economy

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Publisher :
ISBN 13 : 9789385330384
Total Pages : 282 pages
Book Rating : 4.3/5 (33 download)

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Book Synopsis Indian Economy by : Arun Srivastava (University teacher of international economics)

Download or read book Indian Economy written by Arun Srivastava (University teacher of international economics) and published by . This book was released on 2018 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Facts and Figures of Demonetization in India - Views, Reactions and Impact

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Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781542802314
Total Pages : 802 pages
Book Rating : 4.8/5 (23 download)

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Book Synopsis Facts and Figures of Demonetization in India - Views, Reactions and Impact by : Ajit Kumar Roy

Download or read book Facts and Figures of Demonetization in India - Views, Reactions and Impact written by Ajit Kumar Roy and published by Createspace Independent Publishing Platform. This book was released on 2017-01-28 with total page 802 pages. Available in PDF, EPUB and Kindle. Book excerpt: Indian Prime Minister Narendra Modi has announced that the existing 500 and 1,000 rupee banknotes will be withdrawn from the financial system overnight. The surprise move is part of a crackdown on corruption and illegal cash holdings.The decision met with mixed initial reactions while some welcomed the move, hailed demonetisation as a 'revolutionary step', 'Surgical Attack/ fierce fight against black money and corruption', will bringing transparency and strengthen Indian economy. While critics call the move 'authoritarian', 'monumental mismanagement'. 'despotic action', 'hollow move',' witless', 'anti-people', 'major mistake', 'Sickening and Immoral' etc., and expressed skepticism about its outcome. The compiled book entitled 'Facts and Figures of Demonesisation in India-Views, Reactions and Impact' presents reactions of National and International media as well as views of noted Political Parties, economists, industrialist, corporate chiefs, entrepreneurs, bankers, educationists, film personalities and public. For convenience of readers the book is divided into the following chapters.1. The Theory of Demonetization 2.Facts & Figures of Demonetization of Indian Currency 3.Views and Reactions of Economists,Politicians,Experts on Demonetization 4.Costs and Benefits of Demonetization 5.Advantages and disadvantages of demonetization of Rs.500 and Rs.1000 currency notes? 6.Political Aspect of Demonetization 7.Tax Policies, Raids and Seizures -Post Demonetization 8.Visible impact of Demonetization 9.Demonetization and Terrorism 10.Scenario after 50 Days of Demonesisation 11.Frequently Asked Questions 11.ReferencesThe book being first of its kind may be considered as an essential one-stop guide for the concerned who are interested in in-depth understanding of demonetization and its short, medium and long time economic, social and political, impact in India.

The Black Economy in India

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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.

Demonetisation 2016 and Its Impact on Indian Economy and Taxation

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Publisher :
ISBN 13 : 9788194039860
Total Pages : 20 pages
Book Rating : 4.0/5 (398 download)

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Book Synopsis Demonetisation 2016 and Its Impact on Indian Economy and Taxation by : Pratap Singh (PhD scholar)

Download or read book Demonetisation 2016 and Its Impact on Indian Economy and Taxation written by Pratap Singh (PhD scholar) and published by . This book was released on 2019 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: