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Demonetization
Presentation │Topic- Demonetization │ Marikani Madasamy
Request
1. I am not in favor/against of any Religion or Political Party.
Please do not link this presentation to them
2. I am not connected to any International body from where I
have taken the DATA (Numbers and Figures)
3. By Profession, I am not a CA/CS/CMA .
4. If you get hurt by watching this presentation, then please
forgive me.
5. I am only presenting my Logic and Knowledge about this
Demonetization.
Presentation │Topic- Demonetization │ Marikani Madasamy
Topics To Be Covered
 Introduction
 Objectives of Demonetization
 Initial announcements
 Who is Affected?
 Statistics
 Pains and Gains
 What we can Do?
 Conclusion
Presentation │Topic- Demonetization │ Marikani Madasamy
 Demonetization is necessary whenever there is a change of
national currency.
 The process of demonetization involves either introducing new
notes or coins of the same currency or completely replacing the
old currency with new currency.
 Demonetization is the act of stripping a currency unit of its status
as legal tender.
Introduction
Presentation │Topic- Demonetization │ Marikani Madasamy
Before demonetization nearly 80% of all transactions in Indian economy are conducted in cash.
Objective of demonetization
There are multiple reasons why nations demonetize their local
units of currency. Some reasons include
 To combat inflation
 To combat corruption
 To discourage a cash system
After demonetization, deposits of over Rs 2 lakh net Rs 7 lakh crore Hindustan Times, Jan 06, 2017
Presentation │Topic- Demonetization │ Marikani Madasamy
Initial movements
The following steps taken before the demonetization
movement,
 Zero Balance Bank account for every citizens
 Declare undisclosed income
 No Questions for undisclosed income
250 out of every 10 lakh currency notes are fake.
Presentation │Topic- Demonetization │ Marikani Madasamy
Who is Affected?
The following groups of public are most affected.
 Farmers.
 Daily wage workers.
 Corrupt officials.
 Small scale vendors.
 Travelers from other countries.
Presentation │Topic- Demonetization │ Marikani Madasamy
Rs 14 lakh crore in old notes are back, only Rs 75,000 crore out -report by The Indian Express January 9, 2017
Demonetization Statistics
Presentation │Topic- Demonetization │ Marikani Madasamy
RBI has injected 9.2 trillion rupees worth of new currency notes into banking system since demonetization.
-report by The Times India January 19, 2017
Demonetization Statistics
Presentation │Topic- Demonetization │ Marikani Madasamy
Demonetization Effect-Note ban breaks the backbone of Rs 20 trillion Trafficking industry By The Resurgent India - Dec 19, 2016
Pains and Gains
Pains
 Long queues outside bank branches and ATMs
 Daily wage earner who does not get paid
Gains
 No worries about Fake currency for short term
 Organized crime will reduce
 Poverty level will decrease
 Improve the overall economy
Presentation │Topic- Demonetization │ Marikani Madasamy
According to the latest report in The Huffington Post , the death toll due to demonetization now
stands at 47.
What We Can Do?
Say NO to Cash payment for your shopping.
Always ask for an official receipt.
Don’t buy smuggled goods.
Stop participating in corruption.
Increase Digital Payments.
Presentation │Topic- Demonetization │ Marikani Madasamy
I-T Detects Rs 3,300 Cr Black Income; Seizes Rs 92 Cr New Notes News18 December 22, 2016
Conclusion
• The advantages are much dominating and it will be in the
long term interest of our country comfortably outweighing
the disadvantages.
Presentation │Topic- Demonetization │ Marikani Madasamy
Think…. Respond…. & Act NOW
Save India
Presentation │Topic- Demonetization │ Marikani Madasamy

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Demonetization

  • 2. Request 1. I am not in favor/against of any Religion or Political Party. Please do not link this presentation to them 2. I am not connected to any International body from where I have taken the DATA (Numbers and Figures) 3. By Profession, I am not a CA/CS/CMA . 4. If you get hurt by watching this presentation, then please forgive me. 5. I am only presenting my Logic and Knowledge about this Demonetization. Presentation │Topic- Demonetization │ Marikani Madasamy
  • 3. Topics To Be Covered  Introduction  Objectives of Demonetization  Initial announcements  Who is Affected?  Statistics  Pains and Gains  What we can Do?  Conclusion Presentation │Topic- Demonetization │ Marikani Madasamy
  • 4.  Demonetization is necessary whenever there is a change of national currency.  The process of demonetization involves either introducing new notes or coins of the same currency or completely replacing the old currency with new currency.  Demonetization is the act of stripping a currency unit of its status as legal tender. Introduction Presentation │Topic- Demonetization │ Marikani Madasamy Before demonetization nearly 80% of all transactions in Indian economy are conducted in cash.
  • 5. Objective of demonetization There are multiple reasons why nations demonetize their local units of currency. Some reasons include  To combat inflation  To combat corruption  To discourage a cash system After demonetization, deposits of over Rs 2 lakh net Rs 7 lakh crore Hindustan Times, Jan 06, 2017 Presentation │Topic- Demonetization │ Marikani Madasamy
  • 6. Initial movements The following steps taken before the demonetization movement,  Zero Balance Bank account for every citizens  Declare undisclosed income  No Questions for undisclosed income 250 out of every 10 lakh currency notes are fake. Presentation │Topic- Demonetization │ Marikani Madasamy
  • 7. Who is Affected? The following groups of public are most affected.  Farmers.  Daily wage workers.  Corrupt officials.  Small scale vendors.  Travelers from other countries. Presentation │Topic- Demonetization │ Marikani Madasamy Rs 14 lakh crore in old notes are back, only Rs 75,000 crore out -report by The Indian Express January 9, 2017
  • 8. Demonetization Statistics Presentation │Topic- Demonetization │ Marikani Madasamy RBI has injected 9.2 trillion rupees worth of new currency notes into banking system since demonetization. -report by The Times India January 19, 2017
  • 9. Demonetization Statistics Presentation │Topic- Demonetization │ Marikani Madasamy Demonetization Effect-Note ban breaks the backbone of Rs 20 trillion Trafficking industry By The Resurgent India - Dec 19, 2016
  • 10. Pains and Gains Pains  Long queues outside bank branches and ATMs  Daily wage earner who does not get paid Gains  No worries about Fake currency for short term  Organized crime will reduce  Poverty level will decrease  Improve the overall economy Presentation │Topic- Demonetization │ Marikani Madasamy According to the latest report in The Huffington Post , the death toll due to demonetization now stands at 47.
  • 11. What We Can Do? Say NO to Cash payment for your shopping. Always ask for an official receipt. Don’t buy smuggled goods. Stop participating in corruption. Increase Digital Payments. Presentation │Topic- Demonetization │ Marikani Madasamy I-T Detects Rs 3,300 Cr Black Income; Seizes Rs 92 Cr New Notes News18 December 22, 2016
  • 12. Conclusion • The advantages are much dominating and it will be in the long term interest of our country comfortably outweighing the disadvantages. Presentation │Topic- Demonetization │ Marikani Madasamy
  • 13. Think…. Respond…. & Act NOW Save India Presentation │Topic- Demonetization │ Marikani Madasamy