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.

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.

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.

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: 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.

PROCEEDINGS OF NATIONAL SEMINAR ON MULTIDISCIPLINARY RESEARCH AND PRACTICE VOLUME 1

Author : Dr. M. Kanika Priya
Publisher : JEC PUBLICATION
ISBN 13 : 9357495290
Total Pages : 1217 pages
Book Rating : 4.3/5 (574 download)

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Book Synopsis PROCEEDINGS OF NATIONAL SEMINAR ON MULTIDISCIPLINARY RESEARCH AND PRACTICE VOLUME 1 by : Dr. M. Kanika Priya

Download or read book PROCEEDINGS OF NATIONAL SEMINAR ON MULTIDISCIPLINARY RESEARCH AND PRACTICE VOLUME 1 written by Dr. M. Kanika Priya and published by JEC PUBLICATION. This book was released on with total page 1217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Conference Proceedings of the National Seminar entitled “Multidisciplinary Research and Practice” compiled by Dr. M. Kanika Priya records various research papers written by eminent scholars, professors and students. The articles range from English literature to Tamil literature, Arts, Humanities, Social Science, Education, Performing Arts, Information and Communication Technology, Engineering, Technology and Science, Medicine and Pharmaceutical Research, Economics, Sociology, Philosophy, Business, Management, Commerce and Accounting, Teacher Education, Higher Education, Primary and Secondary Education, Law, Science (Mathematics, Physics, Chemistry, Zoology, Botany), Agriculture and Computer Science. Researchers and faculty members from various disciplines have contributed their research papers. This book contains articles in Three languages, namely: English, Tamil and Hindi. As a editor Dr. M. Kanika Priya has taken up the tedious job of checking the validity and correctness of the research work in bringing out this conference proceedings in a beautiful manner. In its present shape and size, this anthology will, hopefully, find a place on the library shelves and enlighten the academics all round the world.

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.

Advances in Artificial and Human Intelligence in the Modern Era

Author : Rajest, S. Suman
Publisher : IGI Global
ISBN 13 :
Total Pages : 433 pages
Book Rating : 4.3/5 (693 download)

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Book Synopsis Advances in Artificial and Human Intelligence in the Modern Era by : Rajest, S. Suman

Download or read book Advances in Artificial and Human Intelligence in the Modern Era written by Rajest, S. Suman and published by IGI Global. This book was released on 2023-09-11 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the realm of psychological and brain sciences, there is a growing urgency to refine individual performance using personalized interventions that account for unique cognitive and biological attributes. Yet, the quest for such tailored approaches has proven challenging, as conventional methods often fall short. The limited integration of domain expertise and human judgment curtails the potential of artificial intelligence (AI) in effectively optimizing human performance, particularly in areas like customized training, health monitoring, and cognitive enhancement. Bridging the gap between AI capabilities and the specific requirements of individuals becomes crucial in meeting this rising demand. Advances in Artificial and Human Intelligence in the Modern Era present a transformative solution to tackle the prevailing challenges at the intersection of AI and human performance enhancement. This book delves deeply into the latest empirical research, literature reviews, and methodological advancements to introduce precision AI techniques for personalized interventions. By examining how the amalgamation of domain expertise and human insights can enhance AI performance, the book establishes a comprehensive framework for modeling individual distinctions and devising effective, tailored AI approaches. Tailored for academic scholars and researchers in psychological and brain sciences, computer science, and related fields, this book provides a comprehensive exploration of pioneering advancements in the convergence of artificial and human intelligence. Its diverse chapters encompass a wide array of topics, including the identification of mental health concerns, integration of human intelligence into AI tools, enhancement of reliability, and exploration of data standards. As it fuses expertise from these two disciplines, the book paves the way for a new era of personalized interventions with the potential to revolutionize human cognitive enhancement, training, and overall well-being.

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.

India

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 : 1484373138
Total Pages : 82 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis India by : International Monetary Fund. Asia and Pacific Dept

Download or read book India written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2018-08-06 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2018 Article IV Consultation highlights that stability-oriented macroeconomic policies and progress on structural reforms continue to bear fruit in India. Following disruptions related to the November 2016 currency exchange initiative and the July 2017 goods and services tax rollout, growth slowed to 6.7 percent in FY2017/18, but a recovery is under way led by an investment pickup. Headline inflation averaged 3.6 percent in FY2017/18, a 17-year low, reflecting low food prices on a return to normal monsoon rainfall, agriculture sector reforms, subdued domestic demand, and currency appreciation. Growth is forecast to rise to 7.3 percent in FY2018/19 and 7.5 percent in FY2019/20, on strengthening investment and robust private consumption.

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.

Digital and Sustainable Transformations in a Post-COVID World

Author : Salvador Estrada
Publisher : Springer Nature
ISBN 13 : 3031166779
Total Pages : 528 pages
Book Rating : 4.0/5 (311 download)

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Book Synopsis Digital and Sustainable Transformations in a Post-COVID World by : Salvador Estrada

Download or read book Digital and Sustainable Transformations in a Post-COVID World written by Salvador Estrada and published by Springer Nature. This book was released on 2023-01-01 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: Current social, economic, and environmental challenges presented by the United Nations’ Sustainable Development Goals may be partially attained by digitalization and sustainable practices diffusion. The antecedents, occurrences, and consequences of this process are currently under investigation, but the big challenge is to get a systemic view. This book attempts to bring such a view into focus. Digital and Sustainable Transformations in a Post-COVID World is dedicated to studying the consequences of the global crisis caused by the COVID-19 pandemic and the new needs and practices inherent in developing and disseminating digital and clean technologies.

Research on Pandemics

Author : Yezhou Sha
Publisher : Routledge
ISBN 13 : 1000483614
Total Pages : 306 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Research on Pandemics by : Yezhou Sha

Download or read book Research on Pandemics written by Yezhou Sha and published by Routledge. This book was released on 2021-11-24 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: The lasting turmoil associated with the unprecedented pandemic, triggered by the novel corona virus COVID-19, has dragged the world into a mud of uncertainty. Fiscal stimulation, interest rate cuts, global supply-chain redeployment, "pandemic bond" and circuit breakers kicked in and the world is responding to this great challenge. But how can finance and economic research help the world under such circumstances? This book dwells on this new area of research and tries to understand how pandemics impact the economic and financial ecosystem of both emerging and advanced economies. Lessons learnt from the experience of previous pandemics maybe presented and discussed through drawing on policy lessons to date. By gathering research on political economy, geopolitical issues, behavioral finance, international institutional responses and medical and health issues resulting from pandemics, the chapters in this edited volume help in expanding the knowledge of social and economic consequences of the pandemic as well as set the foundation for future research. This book would benefit scholars, policy makers and entrepreneurs worldwide as a valuable archive of research on pandemics. The chapters in this book were originally published as a special issue of Emerging Markets Finance and Trade.

A STUDY ON BLACK MONEY IN INDIA

Author : Dr. R. N. Shendage
Publisher : Ashok Yakkaldevi
ISBN 13 : 1678176028
Total Pages : 115 pages
Book Rating : 4.6/5 (781 download)

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Book Synopsis A STUDY ON BLACK MONEY IN INDIA by : Dr. R. N. Shendage

Download or read book A STUDY ON BLACK MONEY IN INDIA written by Dr. R. N. Shendage and published by Ashok Yakkaldevi. This book was released on 2022-03-21 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: We dissect an exceptional episode throughout the entire existence of financial matters, the 2016 Indian "demonetization." This strategy made 86% of money available for use illicit delicate short-term, with new notes continuously presented over the course of the following a while. We present a model of demonetization where specialists hold cash both to fulfill a money ahead of time imperative and for tax avoidance purposes. We test the forecasts of the model in the cross-part of Indian regions utilizing a few novel informational collections including: the geographic dispersion of demonetized and new notes for causal surmising; nightlight action and work overviews to gauge monetary movement remembering for the casual area; charge/Visas and e-wallet exchanges information; and banking information on store and credit development. Locale encountering more serious demonetization had relative decreases in monetary action, quicker reception of elective installment advancements, and lower bank credit development. The cross-sectional reactions cumulate to a compression in total business and nightlights-based result because of the money deficiency of at minimum and of bank credit of in comparative with their counterfactual ways, impacts which disperse throughout the following not many months. Our investigation rejects cash non-impartiality utilizing an enormous scope regular examination, something yet uncommon in the huge writing on the impacts of financial approach.