The document summarizes the effects of India's 2016 demonetization policy which removed ₹500 and ₹1000 banknotes from circulation. It led to severe cash shortages as people waited in long lines at banks and ATMs to deposit or exchange the old notes. Several deaths were attributed to standing in queues for long periods, as well as a lack of medical care with hospitals refusing old notes. The stock market saw sharp drops in the days following the announcement. While the policy aimed to reduce black money, counterfeit currency, and terrorist financing, it significantly disrupted India's economy in the short term through chaos and cash shortages.
Demonetisation - Indian 500 and 1000 rupee note banBhavesh Singh
THIS POWERPOINT PRESENTATION ON THE TOPIC Demonetisation WILL PROVIDE YOU ALL A BASIC IDEA AND CONCEPT ABOUT THE TOPIC. THIS PRESENTATION PROVIDES YOU A INFORMATIVE AND PICTORIAL VIEW OF THE TOPIC.
ENJOY!
MADE BY - BHAVESH
This article is about the 2016 decision to demonetise 500- and 1000-rupee banknotes. It is not to be confused with The High Denomination Bank Notes (Demonetisation) Act, 1978.
Demonetisation - Indian 500 and 1000 rupee note banBhavesh Singh
THIS POWERPOINT PRESENTATION ON THE TOPIC Demonetisation WILL PROVIDE YOU ALL A BASIC IDEA AND CONCEPT ABOUT THE TOPIC. THIS PRESENTATION PROVIDES YOU A INFORMATIVE AND PICTORIAL VIEW OF THE TOPIC.
ENJOY!
MADE BY - BHAVESH
This article is about the 2016 decision to demonetise 500- and 1000-rupee banknotes. It is not to be confused with The High Denomination Bank Notes (Demonetisation) Act, 1978.
Demonetisation of ₹500 & ₹1000
Content
Need of the study
Introduction
In a bid to cut corruption, the Prime Minister of India, Mr. Narendra Modi has announced the ban on Rs. 1000 and Rs. 500 currency notes. What is being an unpredictable move by Modi, he announced during his special address to the nation that the currency notes of Rs. 500 and Rs. 1000 will be illegal starting mid night of 8th of November 2016. "Currency notes of Rs 1,000 and Rs 500 will be just paper with no value, " announced by PM Modi.
This move from the Indian Prime Minster is his strike against the ever increasing black money in our country. • While this announcement was met with shock and confusion by many, there are others who termed this as the Surgical Strike on Black Money. • Let us have a look at the reasons for the ban and how this can affect our economy going forward.
CONTINUED........• As the economy of India is cash based, such circulation of fake currency notes has become a menace. • So, to contain the increase in fake notes and black money, the scheme to ban Rs. 500 and Rs. 1000 currency notes has been introduced by the government.
These notes can now be exchanged for the same value of money at the RBI offices or at various bank and post offices.People can deposit their old currency till the 30th of December 2016 in their respective bank accounts. • Most of the ATMs across the nation are closed on the 9th and 10th of November and the withdrawal limit from the 11th of November is Rs. 2000 and the same would be increased to Rs. 4000 per day.
Continued….
CONTINUED…
What RBI and world bank says about Indian economy.!In the last two and a half years with the support of 125 crore Indians, India has become the “bright spot” in the global economy. It is not just we who are saying this; it is being stated by the International Monetary Fund and the World Bank.
Conclusion
Bibliography
DEMONETISATION IN INDIA AND ITS IMPACT SREEKESH VP
On 8 November 2016, the Government of India announced the demonetisation of all ₹500 (US$7.40) and ₹1,000 (US$15) banknotes of the Mahatma Gandhi Series.[2] The government claimed that the action would curtail the shadow economy and crack down on the use of illicit and counterfeit cash to fund illegal activity and terrorism
A SHORT AND GENERAL PPT COVERING ASPECTS LIKE REACTIONS OF PEOPLE,IMPACTS OF DEMONETISATION:POSITIVE AND NEGATIVE,EFFECTS ON 3 SECTORS AND EFFECT ON THE INDIAN ECONOMY. ALL THE BEST!!!!!
An whole description about demonetisation in india .Its rules and regulations.Its positive impact and negative impact.When it was started and with which purpose.How people reacted.How the world reacted
What is demonatisation . When was it annouced and what is the impact of demonatisation on indian economy and much more.
Explaining the point which leads to the impact of demonatisation.
Presentation on Demonetization in India Priyanshu7078
this file is uploaded by Pramod Kumar from MIMT
this file is made on the situations of the demonetization. in this file describing in details of related to the demonetization
India is facing demonetization problem then what is affect on development of human life. Main thing What is contribution's our.
It is not first time our country is facing demonetization probele.But important thing we should face this problem with a unity.
Demonetization : The Real Effects, Flashback #DeMo 2016, Reasons for Demonetization, Percentage share of denominations before Demonetization, Purpose/Need for Demonetization, Pros & Cons of Demonetization, Benefits of Demonetization (Direct & Indirect), Impact of Demonetization (Short & Long Term), Effect of Demonetization on Indian Economy, Hidden Facts, Reaction on Social Media, Survey @ Local Circle, Impact on Economy – Sector wise, Through the Glasses of Pessimism, Reality Check (example of effect of demonetization), Conclusion.
Powerpoint Presentation on Demonetisation (1)shenagarg44
On 8th November 2016, government announced Demonetisation of all 500 and 1000 rupees bank notes of the Mahatma Gandhi Series.
It also announced the issuance of new 500 and 2000 rupees banknotes.
Key Note Address delivered at "National Seminar on Demonetisation" organised by SNGIMS, Coimbatore on Feb 20, 2017. The address focused on how the recent demonetisation in India is a turnkey step in the right direction, which has to be supported by a whole ecosystem of preventive & punitive strategies with 'transaction transparency aided by the digitisation' as the central theme to achieve its desired objectives.
Demonetisation of ₹500 & ₹1000
Content
Need of the study
Introduction
In a bid to cut corruption, the Prime Minister of India, Mr. Narendra Modi has announced the ban on Rs. 1000 and Rs. 500 currency notes. What is being an unpredictable move by Modi, he announced during his special address to the nation that the currency notes of Rs. 500 and Rs. 1000 will be illegal starting mid night of 8th of November 2016. "Currency notes of Rs 1,000 and Rs 500 will be just paper with no value, " announced by PM Modi.
This move from the Indian Prime Minster is his strike against the ever increasing black money in our country. • While this announcement was met with shock and confusion by many, there are others who termed this as the Surgical Strike on Black Money. • Let us have a look at the reasons for the ban and how this can affect our economy going forward.
CONTINUED........• As the economy of India is cash based, such circulation of fake currency notes has become a menace. • So, to contain the increase in fake notes and black money, the scheme to ban Rs. 500 and Rs. 1000 currency notes has been introduced by the government.
These notes can now be exchanged for the same value of money at the RBI offices or at various bank and post offices.People can deposit their old currency till the 30th of December 2016 in their respective bank accounts. • Most of the ATMs across the nation are closed on the 9th and 10th of November and the withdrawal limit from the 11th of November is Rs. 2000 and the same would be increased to Rs. 4000 per day.
Continued….
CONTINUED…
What RBI and world bank says about Indian economy.!In the last two and a half years with the support of 125 crore Indians, India has become the “bright spot” in the global economy. It is not just we who are saying this; it is being stated by the International Monetary Fund and the World Bank.
Conclusion
Bibliography
DEMONETISATION IN INDIA AND ITS IMPACT SREEKESH VP
On 8 November 2016, the Government of India announced the demonetisation of all ₹500 (US$7.40) and ₹1,000 (US$15) banknotes of the Mahatma Gandhi Series.[2] The government claimed that the action would curtail the shadow economy and crack down on the use of illicit and counterfeit cash to fund illegal activity and terrorism
A SHORT AND GENERAL PPT COVERING ASPECTS LIKE REACTIONS OF PEOPLE,IMPACTS OF DEMONETISATION:POSITIVE AND NEGATIVE,EFFECTS ON 3 SECTORS AND EFFECT ON THE INDIAN ECONOMY. ALL THE BEST!!!!!
An whole description about demonetisation in india .Its rules and regulations.Its positive impact and negative impact.When it was started and with which purpose.How people reacted.How the world reacted
What is demonatisation . When was it annouced and what is the impact of demonatisation on indian economy and much more.
Explaining the point which leads to the impact of demonatisation.
Presentation on Demonetization in India Priyanshu7078
this file is uploaded by Pramod Kumar from MIMT
this file is made on the situations of the demonetization. in this file describing in details of related to the demonetization
India is facing demonetization problem then what is affect on development of human life. Main thing What is contribution's our.
It is not first time our country is facing demonetization probele.But important thing we should face this problem with a unity.
Demonetization : The Real Effects, Flashback #DeMo 2016, Reasons for Demonetization, Percentage share of denominations before Demonetization, Purpose/Need for Demonetization, Pros & Cons of Demonetization, Benefits of Demonetization (Direct & Indirect), Impact of Demonetization (Short & Long Term), Effect of Demonetization on Indian Economy, Hidden Facts, Reaction on Social Media, Survey @ Local Circle, Impact on Economy – Sector wise, Through the Glasses of Pessimism, Reality Check (example of effect of demonetization), Conclusion.
Powerpoint Presentation on Demonetisation (1)shenagarg44
On 8th November 2016, government announced Demonetisation of all 500 and 1000 rupees bank notes of the Mahatma Gandhi Series.
It also announced the issuance of new 500 and 2000 rupees banknotes.
Key Note Address delivered at "National Seminar on Demonetisation" organised by SNGIMS, Coimbatore on Feb 20, 2017. The address focused on how the recent demonetisation in India is a turnkey step in the right direction, which has to be supported by a whole ecosystem of preventive & punitive strategies with 'transaction transparency aided by the digitisation' as the central theme to achieve its desired objectives.
This presentation is just designed in public interest and also to make the term DEMONETIZATION lucid to understand. Dont forget to hit like button before you proceed to download. And stay tuned to my channel so that I can serve you better by providing you ppt on current topics............
The sudden announcement of the Prime Minister of India about the demonetisation of 500 and 1000 notes was a surgical strike on the black money holders as said by the government. Without getting into the debate of its pros and cons, the following article points out some very interesting facts we have come across with this certain demonetisation drive by our government.
Definition of Demonetisation, introduction, process to exchange demonetized currency notes, exceptions for withdrawal, reasons behind demonetisation. why demonetisation become masterstroke by PM Modi, evasion attempts after demonetisation, positive and negative effects, results and conclusion on Demonetisation.
History of Currency : Ancient Coinage, paper, Indian Rupee
Evolution Coins, to paper to Bank Money
Financial Inclusion
Reforms - Adhar cards,Jan Dhan Yojana, GST
Benefits of GST
Why demonetisation is needed?
Suggested by Dr. Ambedkar
Benefits - Unearthing Black Money, Revenue to Govt., Shift to Bank Money
welcomed globally.
Short-term pains
The current situation of overnight demonetisation of 500 and 1000 Rupee notes has created havoc in the country.
In one of the historical reforms of the economy of India, Rs 500 and Rs 1,000 notes were banned effective on 9th November , Tuesday midnight. This was one of the boldest movements by the Government of India.Overall, this scheme is going to impact the businesses, the common man, and financial institutions – all at some level or the other.
Demonetization has been a bold step of our present Government. The real result of it on our nation will be seen in coming year. But here is my study on immediate effects of demonetization on various sectors. I hope it helps..
Denomination is a proper description of a currency amount, usually for coins or banknotes. Denominations may also be used with other means of payment like gift cards. For example, five euros is the denomination of a five euro note.
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Explains the demonetization and its impact on the economy.The RBI spent close to Rs 13,000 crore over the next two years to remonetise Indian money market in post-demonetisation phase. New notes of Rs 500 and Rs 2,000 were introduced. The designs were markedly different from the recalled ones. This escalated the cost of printing as it had several new features.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
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Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
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The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
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• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
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2. On 8 November 2016, the Government of India announced
the demonetisation of all ₹500 (US$7.40) and ₹1,000 (US$15) banknotes
of the Mahatma Gandhi Series.[2] The government claimed that the action
would curtail the shadow economy and crack down on the use of illicit and
counterfeit cash to fund illegal activity and terrorism.[3][4] The sudden
nature of the announcement—and the prolonged cash shortages in the
weeks that followed—created significant disruption throughout the
economy, threatening economic output.[5][6] The move was heavily
criticized as poorly planned and unfair, and was met with protests,
litigation, and strikes.
Prime Minister of India Narendra Modi announced the demonetisation in
an unscheduled live televised address at 20:00 Indian Standard
Time (IST) on 8 November.[7][8] In the announcement, Modi declared that
use of all ₹500 and ₹1000 banknotes of the Mahatma Gandhi Series would
be invalid past midnight, and announced the issuance of new ₹500
and ₹2000 banknotes of the Mahatma Gandhi New Series in exchange for
the old banknotes.
The BSE SENSEX and NIFTY 50 stock indices fell over 6 percent on the
very next day.[citation needed] In the days following the demonetisation, the
country faced severe cash shortages with severe detrimental effects across
the economy.[9][10]
3. The Demonetization has badly hit Maoist and Naxalites as well.
The surrender rate has reached its highest since the
demonetization is announced. It is said that the money these
organizations have collected over the years have left with no
value and it has caused them to reach to this decision.[156]
The move also reportedly crippled Communist guerrilla groups
(Naxalites) financing through money laundering.[157][158] On 10
November the police arrested a petrol pump owner at Ranchi
when he reportedly tried to deposit ₹2.5 billion, belonging to a
person affiliated with the banned Communist Party of India
(Maoist).[159] According to Chhattisgarh Police demonetisation
has affected the Naxalite activities. It is reported that insurgents
have stashed more than ₹70 billion in the Bastar
region.[158][160][161]
While Manohar Parrikar claimed that the move has also helped
in reducing the incidents of stone-pelting in the Kashmir
valley,[162][163][164] his claim has been disputed
4. NEGATIVE EFFECT
Cash shortage
Queue at an ATM for ₹100 banknotes in Howrah, on
8 November 2016, 22:23 (IST)
The scarcity of cash due to demonetisation led to
chaos, and most people holding old banknotes faced
difficulties exchanging them due to endless lines
outside banks and ATMs across India, which became
a daily routine for millions of people waiting to
deposit or exchange the ₹500 and ₹1000 banknotes
since 9 November
5. The scarcity of cash due to led to chaos, and most people holding old
banknotes faced difficulties exchanging them due to endless lines outside
banks and ATMs across India, which became a daily routine for millions of
people waiting to deposit or exchange the ₹500 and ₹1000 banknotes since 9
November ATMs were running out of cash after a few hours of being
functional, and around half the ATMs in the country were non-
functional.[175]Sporadic violence was reported in New Delhi, but there were
no reports of any grievous injury,[] people attacked bank premises and
ATMs, and a ration shop was looted in Madhya Pradesh after the shop
owner refused to accept ₹500 banknotes
The CMD of Punjab National Bank said that panic after demonetisation
started fading on 19 November 2016 As of 18 December 2016, there were
still long queues at banks and ATMs.
6. Deaths
Several people were reported to have died from standing
in queues for hours to exchange their old
banknotes Deaths were also attributed to lack of medical
help due to refusal of old banknotes by hospitalsAs of 15
November 2016, the attributed death toll was 25.] and 33
deaths as of 18 November. In an interview, Chief
Minister of Delhi Arvind Kejriwal lashed out at a BBC
reporter who asked him to justify his 19 November claim
that 55 deaths were linked to demonetisation.[203] By the
end of the year, opposition leaders claimed that over 100
people had died due to demonetisation.[204][205][206]
7. Stock market crash
As a combined effect of demonetisation and US
presidential election, the stock market indices
dropped to an around six-month low in the week
following the announcement. The day after the
demonetisation announcement, BSE
SENSEX crashed nearly 1,689 points and NIFTY
50 plunged by over 541 points.[207] By the end of the
intraday trading section on 15 November 2016,
the BSE SENSEX index was lower by 565 points and
the NIFTY 50 index was below 8100 intrad