India’s Demonetization, Pros and Cons

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Publisher : Idea Publishing
ISBN 13 :
Total Pages : 194 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 194 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.

India's Demonetization

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Publisher :
ISBN 13 :
Total Pages : 183 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis India's Demonetization by : V.V.L.N. Sastry

Download or read book India's Demonetization written by V.V.L.N. Sastry and published by . This book was released on 2019 with total page 183 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 banknotes notes of the Mahatma Gandhi Series would cease being legal tender from midnight 9th November 2016 was greeted with shock and dismay. The pronouncement demonetized the two banknotes. However, 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. These countries demonetized their currencies due to various reasons. These reasons are almost similar to the reasons as to why India demonetized its currencies. The Indian government claimed that the aims of demonetization were to remove fake currency from circulation, tackle terrorism funding and left-wing extremism, remove black money, create a cashless economy, and to convert the non-formal economy into a formal economy, which would help in expanding the tax base and employment. However, demonetization had several disadvantages. It reduced the level of cash in circulation. The cash crunch was caused by the introduction of the Rs. 2,000 into circulation. This high value of the banknote made it difficult to carry out financial transactions as the transactions became difficult due to unavailability of equivalent change. As such, people could not use it to make small purchases. Demonetization also inconvenienced members of the public as the government only removed certain banknotes from circulation and kept others. It necessitated people to spend a long-time queuing outside banks and cash machines to get new currency. People lost valuable time that they could have spent undertaking other economically productive activities. Demonetization also led to the slowdown of the economic growth of India. It also created an opportunity for people to engage in fraud and corruption. For instance, it provided money changers with an opportunity to change black money into clean money at a fee. Demonetization affected a very 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 paper will provide a background of demonetization and detail its pros and cons.

The Demonetization Phenomenon

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Publisher : Bloomsbury Publishing
ISBN 13 : 9386643103
Total Pages : 190 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 190 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.

New Trends in Business Management

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Publisher : Zenon Academic Publishing
ISBN 13 : 9385886142
Total Pages : 251 pages
Book Rating : 4.3/5 (858 download)

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Book Synopsis New Trends in Business Management by : Dr M Sandra Kirthy

Download or read book New Trends in Business Management written by Dr M Sandra Kirthy and published by Zenon Academic Publishing. This book was released on 2018-07-25 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: An International conference on New Trends in Business Management was organized by Immanuel Business School with overseas partners Seattle Pacific University, Spring Harbor University and many others, which provided an opportunity to compile a book with collection of conference research papers related to new trends in business management. The conference helped in creating knowledge based outcomes through robust interaction between corporate delegates, academicians, practitioners, research scholars and management Students. The research papers on new trends in business management with sub-topics Online Marketing, Trends in Training and Development, Legal aspects of Business, Good Service Tax, Demonetization, Green Marketing, Digital Marketing, Consumer Behavior, E-Commerce, Corporate Social Responsibility, Organizational Development and Change were presented by authors in lucent way. Highly learned, eminent faculty from different esteemed educational institutions across the globe, experienced persons from industries and management students have contributed more than 40 papers on different management areas. We hope that readers of this book will gain insights of current fluctuations and upcoming trends in Business Management.

Indian Business Case Studies Volume VI

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Publisher : Oxford University Press
ISBN 13 : 0192696254
Total Pages : 209 pages
Book Rating : 4.1/5 (926 download)

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Book Synopsis Indian Business Case Studies Volume VI by : S B Mathur

Download or read book Indian Business Case Studies Volume VI written by S B Mathur and published by Oxford University Press. This book was released on 2022-06-16 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: It has been decades since many business schools outside India adopted the case study methodology for teaching almost all branches of management studies. This trend has been seen in India, too, where top management institutes have implemented the case study-based methodology as an important pedagogical tool in business education. The major issue in India, however, is a severe shortage of Indian case studies through which business schools can provide industry insights to students. This volume fills that gap. It has twenty Indian cases related to different aspects of business management. The cases cover some of the prominent disciplines of management like marketing, finance, human resource management, strategy management, operations management, accounting, and mergers and acquisitions. These cases best serve the purpose of adoption of 'case methodology' in classroom teaching or online lecture sessions for the faculty and students of business management.

Money in the Twenty-First Century

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Publisher : Univ of California Press
ISBN 13 : 0520395271
Total Pages : 228 pages
Book Rating : 4.5/5 (23 download)

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Book Synopsis Money in the Twenty-First Century by : Prof. Richard Holden

Download or read book Money in the Twenty-First Century written by Prof. Richard Holden and published by Univ of California Press. This book was released on 2024-01-30 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: An economist examines three modern forces that have redefined what "money" means, who controls it, and what the future of finance might look like. Money is increasingly cheap, digital, and mobile. In Money in the Twenty-First Century, economist Richard Holden examines the virtues and risks of low interest rates, mobile money, and cryptocurrencies, and explains how these three elemental forces will continue to play out—in our wallets, on the blockchain, and throughout major economies—in the decades to come. Holden weaves in the stories of three people who have exerted massive influence over the future of modern money: US treasury secretary Janet Yellen, Ethereum cofounder Vitalik Buterin, and Raghuram Rajan, former governor of the Reserve Bank of India and chief economist at the International Monetary Fund. Moving from micro to macro, Holden investigates the infrastructure that permits digital transactions, the currencies that underpin them, the race for control of those currencies, shifts in policy and the international monetary system, and the impact on our politics of money in the digital age. Ultimately, Money in the Twenty-First Century asks if governments can keep these three tectonic powers of low interest rates, mobile money, and decentralized finance under control.

Global Nomad

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Publisher : Xlibris Corporation
ISBN 13 : 1664136983
Total Pages : 326 pages
Book Rating : 4.6/5 (641 download)

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Book Synopsis Global Nomad by : Dan Mayur

Download or read book Global Nomad written by Dan Mayur and published by Xlibris Corporation. This book was released on 2020-11-12 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global Nomad provides fascinating glimpses of Dan Mayur’s peripatetic life. In a lifetime of exploring the globe, he has traveled to over seventy countries visiting some of them multiple times. He is Indian by birth, American by education, and global nomad by choice. “The world is a mirror,” he says, “it reflects you. If you are good, it is good to you.” This book is an entertaining and informative rumination of a few of his selected travels covering parts of India, Australia, Bali, Cambodia, Thailand, Egypt, Greece, Russia, Peru, Chile, and Argentina. In the delightful narration of his experiences he creates vivid word pictures in the reader’s mind with his trademark lucid language using sensitivity, wit, humor, and an unmistakable philosophic undertone. Global Nomad will appeal to a wide audience of students, teachers, and travelers, indeed anybody with the slightest curiosity about our beautiful world.

Demonetisation and Black Money

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Publisher :
ISBN 13 : 9789352875801
Total Pages : 0 pages
Book Rating : 4.8/5 (758 download)

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Book Synopsis Demonetisation and Black Money by : C. Rammanohar Reddy

Download or read book Demonetisation and Black Money written by C. Rammanohar Reddy and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Keywords for India

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Publisher : Bloomsbury Publishing
ISBN 13 : 135003925X
Total Pages : 485 pages
Book Rating : 4.3/5 (5 download)

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Book Synopsis Keywords for India by : Rukmini Bhaya Nair

Download or read book Keywords for India written by Rukmini Bhaya Nair and published by Bloomsbury Publishing. This book was released on 2020-02-20 with total page 485 pages. Available in PDF, EPUB and Kindle. Book excerpt: What terms are currently up for debate in Indian society? How have their meanings changed over time? This book highlights key words for modern India in everyday usage as well as in scholarly contexts. Encompassing over 250 key words across a wide range of topics, including aesthetics and ceremony, gender, technology and economics, past memories and future imaginaries, these entries introduce some of the basic concepts that inform the 'cultural unconscious' of the Indian subcontinent in order to translate them into critical tools for literary, political, cultural and cognitive studies. Inspired by Raymond Williams' pioneering exploration of English culture and society through the study of keywords, Keywords for India brings together more than 200 leading sub-continental scholars to form a polyphonic collective. Their sustained engagement with an incredibly diverse set of words enables a fearless interrogation of the panoply, the multitude, the shape-shifter that is 'India'. Through its close investigation and unpacking of words, this book investigates the various intellectual possibilities on offer within the Indian subcontinent at the beginning of a fraught new millennium desperately in need of fresh vocabularies. In this sense, Keywords for India presents the world with many emancipatory memes from India.

DEMONETIZATION: MIRROR OR MIRAGE

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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

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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.

Negotiating the New Normal

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Publisher : Hachette India
ISBN 13 : 9350096048
Total Pages : 367 pages
Book Rating : 4.3/5 (5 download)

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Book Synopsis Negotiating the New Normal by : Saurav Jha

Download or read book Negotiating the New Normal written by Saurav Jha and published by Hachette India. This book was released on 2023-08-17 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: " The world economy was still reeling from the Global Financial Crisis of 2008 when the COVID-19 pandemic struck like a bolt of lightning in late 2019. Whatever remained of the neoliberal credo - based on the salience of free markets - was upended, and economic nationalism fast became the new stock ideology. In Negotiating the New Normal, Saurav Jha carefully examines why, in the wake of the coronavirus shock, strong economic recovery in the developed world is more doubtful than ever. Instead of throwing its weight behind a multipolar world order, China, by far the largest economy among the BRICS nations, has chosen to create a Pax Sinica. However, it is unlikely to make much headway owing to both internal economic contradictions and pushback from the West and beyond. And what of India? Can it become a 'new China' to serve as a key engine of global growth, overcoming the pandemic-induced setback, as well as earlier policy missteps like demonetization? Answering all these questions and raising many more, Jha's deeply researched and cogently argued account examines the 'new normal' of a transactional, even predatory geoeconomic climate where central banks are fast running out of answers and heavily indebted governments are desperately searching for silver bullets. This work of extraordinary depth and ambition, tracing the destinies of the major economic centres of the world, provides a nuanced if sobering context to the reader as it suggests what India must do to rise in this grave new pandemic-ridden world. "

Managerial Economics

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Publisher : I K International Pvt Ltd
ISBN 13 : 9390620023
Total Pages : 610 pages
Book Rating : 4.3/5 (96 download)

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Book Synopsis Managerial Economics by : K Rama Mohana

Download or read book Managerial Economics written by K Rama Mohana and published by I K International Pvt Ltd. This book was released on 2023-08-08 with total page 610 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managerial Economics involves an analysis of the allocation of the resources available to a firm, or a unit of management among the activities of that unit. It makes use of concepts and theories of economics and assists managers to make rational decision. The present book emphasizes on conceptual clarity and simplified presentation. The book comprehensively covers all the aspects that impinge upon economic decision making of modern business units. Thus, allowing a great deal of flexibility in the choice of topics that any teacher or student may wish to cover. This text would be helpful for the students of Commerce, Management, Economics, Engineering, Law, and other social sciences disciplines. It is also useful to the practicing managers of various business units within and outside the country. The book integrates various concepts and ideas from the fields of economics and other subjects, which have bearing on managerial decision making and policy formulation within the business unit. It provides a number of suitable examples, including large number of review questions, objective type questions and exercises. The text focuses on the concepts related to macroeconomics and business decision, and modern approaches to managerial economics.

The Problem Of Demonetization 2016 And Stability Of Indian Currency The Theory Of Dr. Babasaheb Ambedkar

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Publisher : BFC Publications
ISBN 13 : 9357645470
Total Pages : 140 pages
Book Rating : 4.3/5 (576 download)

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Book Synopsis The Problem Of Demonetization 2016 And Stability Of Indian Currency The Theory Of Dr. Babasaheb Ambedkar by : Dr. P.S. Khadse

Download or read book The Problem Of Demonetization 2016 And Stability Of Indian Currency The Theory Of Dr. Babasaheb Ambedkar written by Dr. P.S. Khadse and published by BFC Publications. This book was released on 2023-09-02 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: The problem of Demonetization 2016 is the problem of economic stability of the currency of the people of India, and it is therefore important to look into it seriously and with the utmost care and caution as it is concerned with the economic life of each citizen of the country.

The Curse of Cash

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Publisher : Princeton University Press
ISBN 13 : 1400888727
Total Pages : 318 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis The Curse of Cash by : Kenneth S. Rogoff

Download or read book The Curse of Cash written by Kenneth S. Rogoff and published by Princeton University Press. This book was released on 2017-06-27 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A brilliant and lucid new book” (John Lanchester, New York Times Magazine) about why paper money and digital currencies lie at the heart of many of the world’s most difficult problems—and their solutions In The Curse of Cash, acclaimed economist and bestselling author Kenneth Rogoff explores the past, present, and future of currency, showing why, contrary to conventional economic wisdom, the regulation of paper bills—and now digital currencies—lies at the heart some of the world’s most difficult problems, but also their potential solutions. When it comes to currency, history shows that the private sector often innovates but eventually the government regulates and appropriates. Using examples ranging from the history of standardized coinage to the development of paper money, Rogoff explains why the cryptocurrency boom will inevitably end with dominant digital currencies created and controlled by governments, regardless of what Bitcoin libertarians want. Advanced countries still urgently need to stem the global flood of large paper bills—the vast majority of which serve no legitimate purpose and only enable tax evasion and other crimes—but cryptocurrencies are like $100 bills on steroids. The Curse of Cash is filled with revealing insights about many of the most pressing issues facing monetary policymakers, from quantitative easing to alternative inflation targeting regimes. It also explains in detail why, if low interest rates persist, the best way to reinvigorate monetary policy is to implement fully effective and unconstrained negative interest rates. Provocative, engaging, and backed by compelling original arguments and evidence, The Curse of Cash has sparked widespread debate and its ideas have moved to the center of financial and policy discussions.

Emerging Issues in Finance

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Author :
Publisher : Dr Saif Siddiqui
ISBN 13 : 8192233146
Total Pages : 845 pages
Book Rating : 4.1/5 (922 download)

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Book Synopsis Emerging Issues in Finance by : Dr Saif Siddiqui

Download or read book Emerging Issues in Finance written by Dr Saif Siddiqui and published by Dr Saif Siddiqui. This book was released on 2017-10-11 with total page 845 pages. Available in PDF, EPUB and Kindle. Book excerpt: Edited Conference Proceedings Volume I

Crime And Politics in India

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Publisher : Idea Publishing
ISBN 13 :
Total Pages : 202 pages
Book Rating : 4./5 ( download)

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Book Synopsis Crime And Politics in India by : Dr. V.V.L.N. Sastry

Download or read book Crime And Politics in India written by Dr. V.V.L.N. Sastry and published by Idea Publishing. This book was released on 2020-04-20 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: Criminalization of politics is one of the major problems facing India. There has been an increase in the number of politicians with criminal backgrounds who have been elected as legislative representatives in the past few decades. This raises the question as to why Indians elect criminal politicians. The causes of crime in India are classified into social, economic, political, geographic, mental and psychological, and biological. Criminalization of politics in India takes many forms, and include electoral fraud, political candidates with criminal backgrounds contesting elections, use of muscle power in mobilizing voters, political scams, bureaucratic scams, and politicians protecting criminal gangs. Some of the causes of criminalization of politics in India include political control of the police, state money, corruption, weak laws and abuse of discretion, lack of intraparty democracy transparency, lack of ethics or values, vote bank politics, and loopholes in the functioning of the Election Commission. Ignorance due to illiteracy is prevalent as approximately 25% of the population are illiterate. Ethnic identity is the most important factor in Indian politics. Ethnic identity includes caste, religion, and language. Competition over local dominance among various social groups is one of the major factors that makes Indian voters elect politicians with a criminal history. Most of the media houses have their political affiliations, and they continue to indulge in perception mapping of public. Indian voters elect criminals due to the perceived benefits they would receive from them since the politicians would have huge discretionary powers over the implementation of policies that facilitate the distribution of benefits to the public. Indian voters also vote for politicians with a criminal record due to being coerced. Candidates with criminal links provide the electorate with a form of social insurance. The ability of candidates with criminal links to provide platforms that facilitate dispute resolutions is also one of the factors that make Indian voters choose politicians with criminal links. Having a weak rule of law in India is the major factor that has led to the thriving of the alternative forms of dispute resolution. The election of candidates with a criminal record has several impacts. It leads to an increase in the level of political control of the police. The criminal politicians can use the police to achieve their personal goals. The governance delivered by the criminal politicians may contradict the prevailing principles of good governance in a democratic system. For instance, they may engage in practices that favor certain groups within the society to the detriment of other groups. Politicians with a criminal background create negative economic impacts. These politicians can use their discretionary powers in the allocation of public resources to the state-controlled corporations to engage in corrupt activities that enrich them or their benefactors. Therefore, they may embezzle public resources or allocate the public resources to private parties for their refinement or development, which would have a negative impact on the welfare of the residents of the region. Criminal politicians can also treat public resources as their personal assets and use them to engage in various criminal activities. It would lead to the breakdown of the rule of law since the politicians would support criminal activities conducted by their cronies. This may lead to the proliferation of criminal organization, which would be a threat to peace and security and also lead to the loss of public faith in the credibility of the judiciary. The situation is alarming and needs to be controlled before it goes out of hand and threatens the future social economic development of the country. These are the major issues that are discussed in this book.