Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
demonetization impact
1. Was demonetization a success or
failure ?
Was it worth it ?
How has it impacted our economy ?
Hrishikesh
2. Its relevance in Civil services exam
Prelims : M1 = CC + DD
Mains : Analysis, Impact on
economy and other sector
Interview : case stuydy
approach .
3. Merits of Demonetization
Tackle grey economy .
Terror financing
Inflation
tax collection
Cashless economy
Efficiency in governance
Hrishikesh
4. Demerits of Demonetization
Political overtone… schadenfredue factor
No windfall gain
Crippling of Rural economy .
Joblessness among daily wages labourers
Skewed Supply –demand
huge man hour wasted in ATM lines
Pathetic implementation leading to more chaos .
Hrishikesh