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!!!!!
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!!!!!
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
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
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.
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.
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.
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.
What happened on 8th Nov, 2016 and all of its positive side are demonstrated via "DEMONETISATION".
This PRESENTATION gives a brief idea about effects on black money, corruption, terror funding, fake currency and on others system.
The reason for this move was simple: India’s Ministry of Finance claimed that 500 and 1,000 rupee notes are being used to finance terrorism, fund illegal drug sales, fuel the black
market, drive counterfeiting, and pay bribes. This so-called “black money” had reputedly built up to such epic proportions that Prime Minister Modi declared that enough was enough,
that he would take it upon himself to wash his country’s currency supply in one fell swoop. Demonetization can be said as a „Surgical Strike‟ on Black Money, Terrorism, Fake
Currency, Unorganized trading, Real Estate, Share market etc. on the other hand if we talk about the Indian industry on a broader way it can be categories in three parts Manufacturing
sector, Service sector and Agriculture sector. After demonetization only Agriculture sector shows some positive improvement while if we talk about the manufacturing and service sector both were crashed down and these will affect the whole Indian market in 2017 also. As of December 28, official sources said that the Income Tax department detected over 4,172 crore of un-disclosed income and seized new notes worth 105 crore as part of its country-wide operations. The department carried out a total of 983 search, survey and enquiry operations
under the provisions of the Income Tax Act and has issued 5,027 notices to various entities on charges of tax evasion and hawala-like dealings. The department also seized cash and
jewellery worth over 549 crore out of which the new currency seized (majority of them 2000 notes) is valued at about 105 crore. The department also referred a total of 477 cases to
other agencies like the CBI and the Enforcement Directorate (ED) to probe other financial crimes like money laundering, disproportionate assets and corruption.
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.
Demonatisation effect on banking sectorShubham Matta
the effects of demonetisation's effect in banking sector
this is based on the demonetisation happened in india in 2016
we have included the facts and figures and also have told everything we have researched
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
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
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.
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.
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.
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.
What happened on 8th Nov, 2016 and all of its positive side are demonstrated via "DEMONETISATION".
This PRESENTATION gives a brief idea about effects on black money, corruption, terror funding, fake currency and on others system.
The reason for this move was simple: India’s Ministry of Finance claimed that 500 and 1,000 rupee notes are being used to finance terrorism, fund illegal drug sales, fuel the black
market, drive counterfeiting, and pay bribes. This so-called “black money” had reputedly built up to such epic proportions that Prime Minister Modi declared that enough was enough,
that he would take it upon himself to wash his country’s currency supply in one fell swoop. Demonetization can be said as a „Surgical Strike‟ on Black Money, Terrorism, Fake
Currency, Unorganized trading, Real Estate, Share market etc. on the other hand if we talk about the Indian industry on a broader way it can be categories in three parts Manufacturing
sector, Service sector and Agriculture sector. After demonetization only Agriculture sector shows some positive improvement while if we talk about the manufacturing and service sector both were crashed down and these will affect the whole Indian market in 2017 also. As of December 28, official sources said that the Income Tax department detected over 4,172 crore of un-disclosed income and seized new notes worth 105 crore as part of its country-wide operations. The department carried out a total of 983 search, survey and enquiry operations
under the provisions of the Income Tax Act and has issued 5,027 notices to various entities on charges of tax evasion and hawala-like dealings. The department also seized cash and
jewellery worth over 549 crore out of which the new currency seized (majority of them 2000 notes) is valued at about 105 crore. The department also referred a total of 477 cases to
other agencies like the CBI and the Enforcement Directorate (ED) to probe other financial crimes like money laundering, disproportionate assets and corruption.
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.
Demonatisation effect on banking sectorShubham Matta
the effects of demonetisation's effect in banking sector
this is based on the demonetisation happened in india in 2016
we have included the facts and figures and also have told everything we have researched
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
On 8 November 2016, the Government of India announced the demonetization of all ₹500 (US$7.80) and ₹1,000 (US$16) banknotes of the Mahatma Gandhi Series.
Research paper: Analysis of the Demonetization and GST Impact on the Indian Economy. Demonetisation and the Goods and Services Tax (GST) are the two major headwinds that held back India's economic growth last year, former RBI Governor Raghuram Rajan has said, asserting that the current seven per cent growth rate is not enough to meet the country's needs.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
2. What is Demonetisation of currency
Demonetization for us means that Reserve Bank of India has withdrawn the old Rs 500 and Rs
1000 notes as a official mode of payment. According to Investopedia, demonetization is the
act of stripping a currency unit of its status as legal tender.
(ECONOMICTIMES.COM Nov 09, 2016 )
In a 40 minute long speech Indian Prime Minister Narendra Modi announced
the demonetization of existing notes of Rs 500 and Rs 1000 during a televised
address on November 8 Tuesday evening. The move by the government to
demonetize Rs.500 and Rs.1000 notes by replacing them with new Rs.500 and
Rs.2000 notes has taken the country with surprise
Modi announced that the notes of Rs 500 and Rs 1000 "will not be legal tender
from midnight tonight" and these will be "just worthless pieces of paper. PM also
urged people to ‘join this mahayajna against the ills of corruption
4. General View points
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
Many Economists like Amartya Sen,, Kaushik Basu(Former Senior Vice-President and Chief
Economist of the World Bank), Pronab Sen ( Chief Statistician and Planning Commission of
India member), Prabhat Patnaik(a former professor of economics at the Jawaharlal Nehru
University, Delhi)
The move was heavily criticized as poorly planned and unfair, and was met with protests,
litigation, and strikes
The Reserve Bank of India stipulated a window of fifty days until 30 December 2016 to
deposit the demonetised banknotes as credit in bank accounts.
The banknotes could also be exchanged over the counter of bank branches up to a limit that
varied over the days:
• Initially, the limit was fixed at ₹4,000 per person from 8 to 13 November.
• This limit was increased to ₹4,500 per person from 14 to 17 November
• The limit was reduced to ₹2,000 per person from 18 November
5. • The total value of old Rs.500 and Rs.1000 notes in the circulation is to the tune of Rs.14.2
trillion, which is about 85% of the total value of currency in circulation. This means that the
total cash has to now pass though the formal banking channels to get legitimacy.
• Now, post the announcement of demonetization by the government this money would have
to either accounted for by paying the relevant tax and penalties or would get extinguished.
There are higher chances of larger proportion of this unaccounted currency getting
extinguished as the tax rate and subsequent legal issues could be prohibitively high for such
money
7. Cash is the preferred mode of transaction in India and only less than half the population uses
banking system for monetary transactions. An immediate public anger appeared against the
mismanaged and unprepared banking system.
The banks didn’t have enough of the newly designed banknotes (Rs 500 and Rs 2000) to
distribute in exchange for the canceled notes.
The move has also led to a shortage of lower denomination notes such as Rs 100 and Rs 50
that are still legal tender, as people have taken to conserving whatever cash they have in
hand.
The demonization initiative has caused a sudden breakdown in India’s commerce and the
unbanked and informal economy is hard hit.
Trade across all aspects of the economy has interrupted, and sectors like agriculture, fishing,
and the huge informal market were almost shut down during the initial days of
announcement.
The informal sector in India employs more than a majority of the workers and most
transactions are in cash.
NEGATIVE IMPACTS
8. Central government argued that cooperative banks as financial institutions supporting black
money.
also created a crisis of confidence of the stakeholders in this important financial segment of
the Indian economy. States like Kerala have been hard hit by this measure
As an outcome of Demonetisation, the external value of the Indian rupee is showing a
declining trend. On November 8, the exchange rate between American dollar and Indian
rupee was 66.70. But on December 30 it has become 68.12.
Real estate and allied sectors may see near term to medium term negative impact
Disruption to this system could endanger the employment and livelihood of weaker sections
of society.
The change disturbed the lives of ordinary people, led to widespread need and major job
losses for the poor.
A.T.M.s and tellers soon ran dry
9. India’s demonetization move was apparently mismanaged in the beginning, the effects at
micro level look advantageous
The cash-centric black market for the most part ceased to function with the nullification of
the bulk of its currency.
It is also thought that the drive will wipe out a measure of corruption and tax evasion in
India’s real estate market
The real-estate market is likely to come to a standstill with property prices likely to fall and
the possible tax inquiries following demonetization will affect both consumption and
investment in the formal and informal sectors
The move is also likely to have a habit changing impact in the Indian populous and there
could be increased belief of keeping cash in the banks rather than stashed at home and use
formal banking channels for their spending needs.
POSSITIVE CHANGES
10. Many people forced to open accounts to save their money. It is estimated that banks have
opened about 30 lakh (and still counting) new accounts since the demonetization drive
began on November 8. India's largest bank, State Bank of India (SBI), with its 17,097 branches
-- half of which are in the rural and semi-urban areas – is opening 50,000 accounts a day. The
leading consumer internet companies in India (Flipkart, Snapdeal, Shopclues, CCAvenues, Ola
and Oyo Rooms) have applauded the move, saying it will pave the way for digital payments,
11. References
• Modern Diplomacy
• THE WEEK
• ECONOMIC TIMES
• Main stream weekly
• www.hdfcbank.co.in
• The Newyork Times
(https://www.nytimes.com/2016/11/27/opinion/in-india-
black-money-makes-for-bad-policy.html?_r=0)