2. INTRODICATION
•ON 08 NOVEMBER, PM NARENDRA MIDI TOOK HUGE STEP THE
WHOLE NATION BY SURPRISE WITH DEMONETISATION OF RS 500
AND RS 1000 NOTES.
3.
4. WHAT IS DEMONETIZATION ?
IN ACT OF STRIPPING A CURRENCY UNIT OF IT’S STATUS AS A NOT TO BE A
LEGAL TENDER
5. BACKGROUND OF DEMONETIZATION
•EARLIER IT WAS DONE ON 1986 WITH THE COMPLETE BAN OF RS 1000 AND
RS 10000 NOTES TO DEAL WITH THE UNACCOUNTED MONEY.
•SECOND TIME, IT WAS DONE IN 1978 BY GOVT DEMONETIZED RS 1000 ,RS
5000 AND RS 10000 NOTES
8. REAL SUFFERER FOR DEMONETIZATION
• HOME MAKER
• DAILY WORKER
• COMMON MAN
9.
10. IMPACT OF BUSINESS FOR DEMONIZATION
• BY THE SECOND WEEK AFTER DEMONETIZATION SALE FALL OF 30-40 PERCENTAGE.
• E-PYMENTS LIKE PYTAM, MOBIKWIK SAW A RISE.
• REAL ESTATE PRIMARY TRANSACTIONS MAY NOT BE IMPACTED SECONDARY SALES MAY TO SOME EXTENT.
• E-COMMERCE COMPANIES SAW UP TO A 30PERCENT DEDINE IN CASH ON DELIVERY.