in this ppt is explain about the Demonetisation history, and its impact on the Indian economy and others sectors. and till now how many countries did demonetisation
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Demonetisation & It's Impact on Indian Economy
1.
2. ๏To know the history of Demonetizations
๏To know the impact of Demonetization
on various sectors
๏To know the how many countries
implemented Demonetization
3.
4. year Country Reasons Successful/unsuccessful
1982 Ghana People support for black market and investment
in physical assets.
Made economy weak
unsuccessful
1984 Nigeria Debt-ridden and inflation did not take change
well.
Economy collapsed
unsuccessful
1987 Myanmar Let to mass protest resulting in killing of many
people
Unsuccessful
1991 Soviet Union People did not take change positivity due to poor
harvest.
Unsuccessful
1996 Australia The purpose was only to replace paper with
plastic
No side effect
2010 North Korea People left with no food and shelter Weak unsuccessful
2013 Zimbabwe Face value one hundred trillion dollar dropped to
$0.5 dollar
Weak unsuccessful
2016 Dec. Pakistan The people have ample time to get their note
exchange.
Cannot be predicted
5. ๏Introduction of new Currency
๏ Black Marketing
๏Currency storage
๏Corruptions and others
๏ผ There will be excess fake Currency in the
Economy is main reason of Demonetization.
6. After the researching on the Demonetization I conclude here that
this is a historical step by the current Hon. PM Mr. Narendra
Modi & his Government and should be supported by all. This
decision of government will definitely fetch results in the long
term. From an equity market perspective, this move would be
positive for sectors like Banking and Infrastructure in the
medium to long term. This could be negative for sectors like
Consumer Durables, Luxury items, Gems and Jewellery, Real
Estate and allied sectors, in the near to medium term. This move
can lead to improved tax compliance, better fiscal balance, lower
inflation, lower corruption, complete elimination of fake
currency and another stepping stone for sustained economic
growth in the long term.
7. ๏ผ No side effect on Indian economy and
common people for long term.
๏ผ Reduce Terrorisms
๏ผAbolish counterfeit currency
๏ผ Abolish Mediators
8. Government should be take decision for
using Finger print at the time of doing
Transactions related to Cash than may be
100% reduce corruption, terrorisms and
mediators etc.
9. ๏งThis study based on secondary data.
๏งIn this research paper there may be
some changes.
๏งThis study has been done in very short
period of time.
10. Journals & other Articles:
1. No. 182, 14-Nov-2016 Tax Research Team The authors are Dr. Kavita Rao,
Dr. Sacchidananda Mukherjee, Dr. Sudhanshu Kumar, Mr. D.P. Sengupta,
Suranjali Tandon and Sri Hari Nayudu, NIPFP, New Delhi.
2.International Journal of Innovative Research and Advanced Studies (IJIRAS)
Volume 3 Issue 12, November 2016 ISSN: 2394-4404
3. International Journal of Research in Economics and Social Sciences
(IJRESS) Vol. 6 Issue 11, November - 2016 ISSN(o): 2249-7382
Websites:
www.wikipedia.com
www.facebook.com
Economictimes.indiatimes.com
sales@gbim.com
http://www.rahuldeodhar.com
Opindia.com
http://www.insightsonindia.com/2016/11/16/big-picture-impact-
demonetization/
http://www.dnaindia.com/analysis/column-this-is-a-new-indian-sunrise-
2273153