The document discusses the effects of demonetization in India. It provides background on what demonetization is, when and why it occurred in India in 2016, and its aims. It then discusses the impacts, including negative effects like excessive burdens on banks and unemployment, and positive effects like reducing black money and corruption. Specific impacts in Himachal Pradesh tourism are also covered, as well as the increase in online transactions and e-wallets.

1. Submitted By:- Yashpal
Regd. No.BU2015PGMTTM004
Master in Travel & Tourism
Hospitality and Tourism Department
Bahra University, Shimla Hills

2. Introduction of Demonetization
Demonetization in India
Major Causes of Demonetization
Aim of Demonetization
Effects on Himachal Pradesh Tourism
Impacts on Online Transaction
About E-Wallet
Negative Impacts of Demonetization
Positive Impacts of Demonetization
Crowd at bank

3. •It is a process by which a series of currency will not be legal tender.
•The series of currency will not acceptable as valid currency.
• Demonetization is the withdrawal of a particular form of currency
from circulation.

4. • On 8th November 2016, Government of India had announced.
• 500 & 1000 rupee note will not be a legal tender from today.
• Means that 500 and 1000 rupee notes will not be accepted.
• Public can deposit and change the currency from the banks and
post offices till 30th December 2016.

5.  Black Marketing,
 Currency Storage,
 Corruption,
 Terrorism Activities,
 Fake currency in the economy.

6. Making India A Cash less Society .

7. Himachal Pradesh, especially during winter season. With hotels having
a low occupancy of 15% to 20%.
 In Dharamshala after the note ban, occupancy has fallen to 15% to
20%.
In Manali occupancy of hotels in and around had fallen below 20%.

8. 1. In India more and more people are going for digital payment.
2. All Central Government Departments and Public Sector Enterprises
are using the method of e-payments.
3. More focus of payment by e-wallet, paytm, credit and debit card etc.
4. Indian Govt. also launched BHIM app for online transaction.
5. Banking sector’s work have decrease by online transaction.

9. E-wallet is a type of electronic card which is
used for transactions made online through a
computer or a smartphone.

10. Excessive burden on bank employees.
Violation of rule by general public.
Lots of organizations and firms are close.
People has unemployed due to close the organizations.
Low demand and supply of products.

11. Abolish black money.
Maximum people have their own bank account.
Higher Tax Collection.
This Step will make Rupees Strong.
A Speed Breaker for Corruption.
Stop the terrorism activities.

14. THANK YOU