Motives of Demonetization in India: Issues and Challenges

Urmila, M S (2017) Motives of Demonetization in India: Issues and Challenges. In: Motives of Demonetization in India: Issues and Challenges, 27/02/2017.

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The idea of demonetization may be new to the 20th century’s generation in India, but it is not new to the country. India has faced the effects of demonetization in 1946 and 1978 both of which were done with the motive of curbing black money. The motives behind demonetization have been elaborated a bit to include the battle against the circulation of counterfeit money, combat against the financing of terrorism and an aim to become a cashless economy to the existing one of exposing black money. We as an economy have a vague understanding of the motives, but we seldom know the depth of the problems our country is facing with the issues as mentioned above. It is imperative to study the depth to which such problems have grown in our country to be aware and spread the awareness regarding the same. Knowledge of the problems would give us the drive to be a part of finding the solution and take active participation in all the measures that are initiated to combat the same problems. This paper aims to study in detail, the motives that drove the idea of demonetization into action and the views for and against the same

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Demonetization in India, Motives, RBI
Subjects: Departments at MU > Commerce
Depositing User: MIM User
Date Deposited: 24 Jun 2017 08:28
Last Modified: 27 Jun 2017 04:01

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