Demonitazation
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The document discusses India's demonetization of Rs. 500 and Rs. 1000 currency notes in 2016. It provides background on the history of demonetization globally and in India. The objectives and methodology of the study are outlined. Reasons for India's 2016 demonetization included removing black money, addressing corruption and fake currency. Benefits included getting fake currency out of circulation and increasing online transactions, while costs included cash shortages. Surveys found most Indian people agreed with the policy. Conclusions determined the main goal was removing black money and that demonetization would increase India's GDP and reduce corruption. Suggestions included improving education, security from terrorism, and awareness of digital payments.
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This document summarizes a technical report on the impact of India's 2016 demonetization. It provides background on the demonetization, noting that ₹500 and ₹1000 notes made up 86% of cash in circulation. The author's objectives are to study past demonetizations, understand their outcomes, and analyze demonetization's effects and costs/benefits in India. Several studies are reviewed that model demonetization's impacts on GDP, markets, and inflation. Most countries that demonetized struggled with growth declines, but a few like the US and UK recovered after. The success of India's effort depends on behavioral factors and appropriate policy responses.
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The document discusses key considerations for doing business in China. It notes that China has the world's second largest economy and is a major export market. To succeed in China, it is important to establish personal relationships, produce a strong local team, understand Chinese culture and business etiquette, and take a long-term and patient approach. While China offers a large low-cost workforce, doing business there differs from Japan in areas like population size, labor costs, language, and business practices.
2nd february ,2021 daily global regional local rice e newsletter
This document is the February 2nd, 2021 issue of the Daily Global, Regional & Local Rice E-Newsletter. It includes the editorial board members and headlines about various rice news stories. The first article discusses Pakistan winning the geographical indication tag for basmati rice from the EU, boosting its rice exports. The second article profiles the top business groups in Pakistan, including Nishat Group, Bestway Group, Hashoo Group, Bahria Town, Dawood Hercules Group, and Schon Group.
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Demonetization has severely impacted India's agricultural sector, which relies heavily on cash transactions and accounts for nearly half of India's workforce. The removal of high-value currency notes invalidated 86% of India's cash, disrupting farmers' ability to purchase seeds, fertilizers, and other supplies due to lack of funds. While short-term effects included reduced crop sowing and prices crashing as produce rotted, long-term impacts may include investment in agriculture through recovery of black money, lower interest rates, and improved irrigation. However, rural farmers distant from banks face significant difficulties unless solutions reach them.Recommended
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This document summarizes a technical report on the impact of India's 2016 demonetization. It provides background on the demonetization, noting that ₹500 and ₹1000 notes made up 86% of cash in circulation. The author's objectives are to study past demonetizations, understand their outcomes, and analyze demonetization's effects and costs/benefits in India. Several studies are reviewed that model demonetization's impacts on GDP, markets, and inflation. Most countries that demonetized struggled with growth declines, but a few like the US and UK recovered after. The success of India's effort depends on behavioral factors and appropriate policy responses.
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Pakistan faces several challenges as a developing country including poverty, unemployment, low per capita income, and reliance on agriculture. Poverty has declined to around 17% of the population according to recent estimates. Unemployment has also declined slightly but remains around 6% nationally. Per capita income is only $806 annually or about 6% of the global average. Agriculture is an important industry led by wheat, sugarcane, cotton, and rice production. Population growth is around 1.8% annually contributing to development issues. However, Pakistan's Human Development Index has increased 53% since 1980 indicating some economic and social progress over time.
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Impact of demonetization on agriculture sector
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Demonetization has severely impacted India's agricultural sector, which relies heavily on cash transactions and accounts for nearly half of India's workforce. The removal of high-value currency notes invalidated 86% of India's cash, disrupting farmers' ability to purchase seeds, fertilizers, and other supplies due to lack of funds. While short-term effects included reduced crop sowing and prices crashing as produce rotted, long-term impacts may include investment in agriculture through recovery of black money, lower interest rates, and improved irrigation. However, rural farmers distant from banks face significant difficulties unless solutions reach them.Demonetisation of rupees
The document discusses the Indian government's decision to demonetize Rs. 500 and Rs. 1000 currency notes. It provides background on the increase in fake currency and black money fueling corruption. The government aims to curb these issues by removing the higher denomination notes from circulation. While this creates short-term hardship, the long-term goals are to bring transparency, reduce corruption, and benefit ordinary citizens and the economy. The impacts on various sectors and pros and cons are debated.
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This document summarizes the demonetization that occurred in India in November 2016 when the government withdrew the Rs. 500 and Rs. 1000 banknotes from circulation. It provides background on demonetization, explaining that it is done when a country changes its currency. It then details the announcement by Prime Minister Modi on November 8th, 2016 to remove the two banknotes by midnight and introduce new Rs. 500 and Rs. 2000 notes. The document also lists some common causes of demonetization like introducing new currency, and discusses the positive impacts like reducing black money and corruption, as well as some negative short term impacts like cash shortages and price increases.
Demonetization in India
This document discusses India's demonetization that occurred in 2016 when the government withdrew the Rs 500 and Rs 1000 currency notes from circulation. It provides background on what demonetization is and the history of it in India. The objectives of the 2016 demonetization are described as targeting black money, corruption, terrorism financing. The impacts of demonetization on various sectors of the economy are discussed such as agriculture, banking, real estate, tourism, education, and healthcare. Challenges of the demonetization process and its effects in rural areas are also summarized.
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Demonetization in India involved removing Rs. 500 and Rs. 1000 currency notes from circulation in November 2016. This was aimed at curbing black money, corruption, terrorism funding, and moving toward a cashless economy. While nearly all demonetized notes were deposited, indicating the failure to remove significant black money, demonetization did increase digitization of the economy. However, it also caused short-term problems like bank lines and cash shortages. Overall, the long-term benefits of a less cash-dependent, more transparent economy are believed to outweigh the short-term costs.
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The document is a student project on demonetization in India from 2016. It includes an introduction explaining that ₹500 and ₹1000 notes were demonetized on November 8, 2016. The objectives are to explain demonetization, report on the situation in India during it, and its impact. Tables of contents and sections cover the meaning of demonetization, its objectives like countering black money and terror funding, the chaos and confusion during the period, and both positive and negative economic impacts like a reduction in black money and GDP. In conclusion, the author notes the decision was abrupt and not well-planned regarding cash shortage issues.
2.pptx USKJSIS wjnsjsienejdio3kkkkkjdhdudjcidjifjdidodkauu7bdiwiakixkejidkwks...
2.pptx USKJSIS wjnsjsienejdio3kkkkkjdhdudjcidjifjdidodkauu7bdiwiakixkejidkwks...maheshwarivishwas354
Demonetization involves withdrawing particular currency notes from circulation and discontinuing their use as legal tender. In November 2016, the Indian government demonetized Rs. 500 and Rs. 1000 currency notes without warning to curb black money, corruption, and terrorism. This led to a surge in digital payment methods like debit cards, credit cards, e-wallets as people adapted to the cashless economy. While demonetization achieved some objectives like reducing cash in circulation and increasing bank accounts, it also had short term costs like hardship faced by common citizens and disruption to business activities.demonetisation
what is demonetisation
demonetisation in India
reasons for demonetisation
impact of demonetisation
conclusion
Demonetisation of indian currency
An act initiated by the government of India for the purpose of ceasing the bank notes (1000 & 500) as a legal tender
Presentation on Demonetization in India
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
Demonetization and its impact in Indian Economy
The document discusses the impacts of India's 2016 demonetization policy which removed Rs 500 and Rs 1000 banknotes from circulation. It summarizes that demonetization aimed to curb black money, counterfeit currency, terrorist funding, and move towards a cashless economy. In the short term, it created liquidity issues and impacted daily wage workers, demand for goods, and GDP growth. However, it also strengthened transparency, promoted digital payments, and reduced illicit funding of activities like terrorism and corruption. Overall, the impacts were mixed and the long term effects on the economy are still unfolding.
Demonitizaion 2016
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.
Demonetisation in india
Demonetization refers to the withdrawal of legal tender status of certain banknotes in India in 2016. The key motives for demonetization included curbing black money, counterfeit currency, and terrorist financing. Economists had differing views, with some supporting it as a way to flush out black money, while others criticized it as an "unguided missile" or "organized loot". Effects included increased costs for the Reserve Bank of India to print new notes, reduced dividend paid to the government, and a slight increase in lower denomination notes in circulation post-demonetization. Both positive impacts like reduced cash in the system and increased tax collections, as well as negative impacts like job losses for daily wage workers, were
Drawback on demonetisation in india
On November 8th, 2016 the Indian government demonetized Rs. 500 and Rs. 1000 currency notes to curb black money. This created a shortage of cash that slowed economic growth and impacted cash dependent sectors like agriculture. However, it also increased bank deposits and pushed people towards cashless transactions. Overall, demonetization aimed to eliminate black money but faced short term challenges that slowed the economy due to the cash shortage and lack of alternative denominations.
Demonitition.ppt
Demonetization in India withdrew ₹500 and ₹1000 currency notes from circulation in November 2016 to curb black money, corruption, and terrorism financing. It led to short term negative impacts like cash short
Demonetization
Demonetization is the act of stripping a currency unit of its legal tender status. In India, PM Modi announced on November 8, 2016 that Rs. 500 and Rs. 1000 notes would no longer be legal tender, aiming to tackle black money, corruption, and terror financing. While demonetization may curb black money and corruption in the long run, it has led to short-term economic slowdown and significant inconvenience to the public due to cash shortages and long lines at banks. Whether the costs of demonetization outweigh its benefits remains to be seen.
Demonetization - Impact on the Indian Financial Market
The document summarizes a student project report on the impact of India's 2016 demonetization on its financial market. The report analyzes secondary data from the government and financial institutions to study how demonetization affected areas like the money market, stock market, banks, insurance, and more. The student found that while short-term impacts on citizens were significant, demonetization ultimately achieved the government's goals of reducing black money and increasing digital transactions.
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Demonetization involves removing a currency's status as legal tender. This document analyzes the strengths, weaknesses, opportunities, and threats of India's 2016 demonetization through a SWOT analysis. The strengths included targeting black money, counterfeits, and crime, while weaknesses included lack of preparedness and unaccounted wealth remaining. Opportunities included financial inclusion and a digital economy, while threats involved punishment of citizens and potential economic slowdown. In conclusion, while demonetization caused short-term pain, it aimed to benefit India in the long run through a less cash-based system with greater transparency.
Demonetization Intent, secret, myth, math and politics behind demonetizatio...
Demonetization Intent, secret, myth, math and politics behind demonetizatio...Er. Jagdeep Yadav(Ph.D(Pursuing), MS , M.Tech, MBA)
Demonetization Intent, secret, myth, math and politics behind demonetization of 500 and 1000 rupee notesDemonetisation project=12
This document discusses India's demonetization of 500 and 1000 rupee banknotes in November 2016. It provides background on demonetization, the rationale given by Prime Minister Modi for India's action including fighting corruption and black money. The short-term impacts included cash shortages, economic disruption and job losses. However, proponents argue it will boost formal economic activity and tax collection over the long run. The document also reviews demonetization efforts in other countries and debates the policy's costs and benefits.
Presentation On Demonitization
This document summarizes information about demonetization in India in 2016. It provides background on demonetization, details of Prime Minister Modi's announcement to demonetize Rs. 500 and Rs. 1000 banknotes, reactions and protests, impacts both positive and negative, and statistics on the amount of money deposited. Key reasons for demonetization in India included fighting corruption, counterfeiting, and moving towards a digital economy and cashless society.
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This document discusses Article 141 of the Indian Constitution, which stipulates that the law declared by the Supreme Court is binding on all courts in India. It defines key legal terms like precedent, ratio decidendi, and stare decisis. It explains that the objective of Article 141 is to ensure uniformity in decision making and that Supreme Court rulings are binding even on those not party to the case. The document also discusses concepts like obiter dictum, per incuriam, prospective overruling and how legislation can override Supreme Court precedents. It provides examples of relevant court cases.
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Demonetisation of rupees
The document discusses the Indian government's decision to demonetize Rs. 500 and Rs. 1000 currency notes. It provides background on the increase in fake currency and black money fueling corruption. The government aims to curb these issues by removing the higher denomination notes from circulation. While this creates short-term hardship, the long-term goals are to bring transparency, reduce corruption, and benefit ordinary citizens and the economy. The impacts on various sectors and pros and cons are debated.
Demonetisation
This document summarizes the demonetization that occurred in India in November 2016 when the government withdrew the Rs. 500 and Rs. 1000 banknotes from circulation. It provides background on demonetization, explaining that it is done when a country changes its currency. It then details the announcement by Prime Minister Modi on November 8th, 2016 to remove the two banknotes by midnight and introduce new Rs. 500 and Rs. 2000 notes. The document also lists some common causes of demonetization like introducing new currency, and discusses the positive impacts like reducing black money and corruption, as well as some negative short term impacts like cash shortages and price increases.
Demonetization in India
This document discusses India's demonetization that occurred in 2016 when the government withdrew the Rs 500 and Rs 1000 currency notes from circulation. It provides background on what demonetization is and the history of it in India. The objectives of the 2016 demonetization are described as targeting black money, corruption, terrorism financing. The impacts of demonetization on various sectors of the economy are discussed such as agriculture, banking, real estate, tourism, education, and healthcare. Challenges of the demonetization process and its effects in rural areas are also summarized.
Demonetisation and its impact on indian economy
Demonetization in India involved removing Rs. 500 and Rs. 1000 currency notes from circulation in November 2016. This was aimed at curbing black money, corruption, terrorism funding, and moving toward a cashless economy. While nearly all demonetized notes were deposited, indicating the failure to remove significant black money, demonetization did increase digitization of the economy. However, it also caused short-term problems like bank lines and cash shortages. Overall, the long-term benefits of a less cash-dependent, more transparent economy are believed to outweigh the short-term costs.
analysis demonetisation in india project
The document is a student project on demonetization in India from 2016. It includes an introduction explaining that ₹500 and ₹1000 notes were demonetized on November 8, 2016. The objectives are to explain demonetization, report on the situation in India during it, and its impact. Tables of contents and sections cover the meaning of demonetization, its objectives like countering black money and terror funding, the chaos and confusion during the period, and both positive and negative economic impacts like a reduction in black money and GDP. In conclusion, the author notes the decision was abrupt and not well-planned regarding cash shortage issues.
2.pptx USKJSIS wjnsjsienejdio3kkkkkjdhdudjcidjifjdidodkauu7bdiwiakixkejidkwks...
2.pptx USKJSIS wjnsjsienejdio3kkkkkjdhdudjcidjifjdidodkauu7bdiwiakixkejidkwks...maheshwarivishwas354
Demonetization involves withdrawing particular currency notes from circulation and discontinuing their use as legal tender. In November 2016, the Indian government demonetized Rs. 500 and Rs. 1000 currency notes without warning to curb black money, corruption, and terrorism. This led to a surge in digital payment methods like debit cards, credit cards, e-wallets as people adapted to the cashless economy. While demonetization achieved some objectives like reducing cash in circulation and increasing bank accounts, it also had short term costs like hardship faced by common citizens and disruption to business activities.demonetisation
what is demonetisation
demonetisation in India
reasons for demonetisation
impact of demonetisation
conclusion
Demonetisation of indian currency
An act initiated by the government of India for the purpose of ceasing the bank notes (1000 & 500) as a legal tender
Presentation on Demonetization in India
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
Demonetization and its impact in Indian Economy
The document discusses the impacts of India's 2016 demonetization policy which removed Rs 500 and Rs 1000 banknotes from circulation. It summarizes that demonetization aimed to curb black money, counterfeit currency, terrorist funding, and move towards a cashless economy. In the short term, it created liquidity issues and impacted daily wage workers, demand for goods, and GDP growth. However, it also strengthened transparency, promoted digital payments, and reduced illicit funding of activities like terrorism and corruption. Overall, the impacts were mixed and the long term effects on the economy are still unfolding.
Demonitizaion 2016
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.
Demonetisation in india
Demonetization refers to the withdrawal of legal tender status of certain banknotes in India in 2016. The key motives for demonetization included curbing black money, counterfeit currency, and terrorist financing. Economists had differing views, with some supporting it as a way to flush out black money, while others criticized it as an "unguided missile" or "organized loot". Effects included increased costs for the Reserve Bank of India to print new notes, reduced dividend paid to the government, and a slight increase in lower denomination notes in circulation post-demonetization. Both positive impacts like reduced cash in the system and increased tax collections, as well as negative impacts like job losses for daily wage workers, were
Drawback on demonetisation in india
On November 8th, 2016 the Indian government demonetized Rs. 500 and Rs. 1000 currency notes to curb black money. This created a shortage of cash that slowed economic growth and impacted cash dependent sectors like agriculture. However, it also increased bank deposits and pushed people towards cashless transactions. Overall, demonetization aimed to eliminate black money but faced short term challenges that slowed the economy due to the cash shortage and lack of alternative denominations.
Demonitition.ppt
Demonetization in India withdrew ₹500 and ₹1000 currency notes from circulation in November 2016 to curb black money, corruption, and terrorism financing. It led to short term negative impacts like cash short
Demonetization
Demonetization is the act of stripping a currency unit of its legal tender status. In India, PM Modi announced on November 8, 2016 that Rs. 500 and Rs. 1000 notes would no longer be legal tender, aiming to tackle black money, corruption, and terror financing. While demonetization may curb black money and corruption in the long run, it has led to short-term economic slowdown and significant inconvenience to the public due to cash shortages and long lines at banks. Whether the costs of demonetization outweigh its benefits remains to be seen.
Demonetization - Impact on the Indian Financial Market
The document summarizes a student project report on the impact of India's 2016 demonetization on its financial market. The report analyzes secondary data from the government and financial institutions to study how demonetization affected areas like the money market, stock market, banks, insurance, and more. The student found that while short-term impacts on citizens were significant, demonetization ultimately achieved the government's goals of reducing black money and increasing digital transactions.
Demonetization and GST: Swot Analysis
Demonetization involves removing a currency's status as legal tender. This document analyzes the strengths, weaknesses, opportunities, and threats of India's 2016 demonetization through a SWOT analysis. The strengths included targeting black money, counterfeits, and crime, while weaknesses included lack of preparedness and unaccounted wealth remaining. Opportunities included financial inclusion and a digital economy, while threats involved punishment of citizens and potential economic slowdown. In conclusion, while demonetization caused short-term pain, it aimed to benefit India in the long run through a less cash-based system with greater transparency.
Demonetization Intent, secret, myth, math and politics behind demonetizatio...
Demonetization Intent, secret, myth, math and politics behind demonetizatio...Er. Jagdeep Yadav(Ph.D(Pursuing), MS , M.Tech, MBA)
Demonetization Intent, secret, myth, math and politics behind demonetization of 500 and 1000 rupee notesDemonetisation project=12
This document discusses India's demonetization of 500 and 1000 rupee banknotes in November 2016. It provides background on demonetization, the rationale given by Prime Minister Modi for India's action including fighting corruption and black money. The short-term impacts included cash shortages, economic disruption and job losses. However, proponents argue it will boost formal economic activity and tax collection over the long run. The document also reviews demonetization efforts in other countries and debates the policy's costs and benefits.
Presentation On Demonitization
This document summarizes information about demonetization in India in 2016. It provides background on demonetization, details of Prime Minister Modi's announcement to demonetize Rs. 500 and Rs. 1000 banknotes, reactions and protests, impacts both positive and negative, and statistics on the amount of money deposited. Key reasons for demonetization in India included fighting corruption, counterfeiting, and moving towards a digital economy and cashless society.
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Demonetization - Impact on the Indian Financial Market
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BBR 2024 Summer Sessions Interview Training
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আমাদের সবার জন্য খুব খুব গুরুত্বপূর্ণ একটি বই ..বিসিএস, ব্যাংক, ইউনিভার্সিটি ভর্তি ও যে কোন প্রতিযোগিতা মূলক পরীক্ষার জন্য এর খুব ইম্পরট্যান্ট একটি বিষয় ...তাছাড়া বাংলাদেশের সাম্প্রতিক যে কোন ডাটা বা তথ্য এই বইতে পাবেন ...
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"Learn about all the ways Walmart supports nonprofit organizations.
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Walmart Business + (https://business.walmart.com/plus) is a new shopping experience for nonprofits, schools, and local business customers that connects an exclusive online shopping experience to stores. Benefits include free delivery and shipping, a 'Spend Analytics” feature, special discounts, deals and tax-exempt shopping.
Special TechSoup offer for a free 180 days membership, and up to $150 in discounts on eligible orders.
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ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
Denis is a dynamic and results-driven Chief Information Officer (CIO) with a distinguished career spanning information systems analysis and technical project management. With a proven track record of spearheading the design and delivery of cutting-edge Information Management solutions, he has consistently elevated business operations, streamlined reporting functions, and maximized process efficiency.
Certified as an ISO/IEC 27001: Information Security Management Systems (ISMS) Lead Implementer, Data Protection Officer, and Cyber Risks Analyst, Denis brings a heightened focus on data security, privacy, and cyber resilience to every endeavor.
His expertise extends across a diverse spectrum of reporting, database, and web development applications, underpinned by an exceptional grasp of data storage and virtualization technologies. His proficiency in application testing, database administration, and data cleansing ensures seamless execution of complex projects.
What sets Denis apart is his comprehensive understanding of Business and Systems Analysis technologies, honed through involvement in all phases of the Software Development Lifecycle (SDLC). From meticulous requirements gathering to precise analysis, innovative design, rigorous development, thorough testing, and successful implementation, he has consistently delivered exceptional results.
Throughout his career, he has taken on multifaceted roles, from leading technical project management teams to owning solutions that drive operational excellence. His conscientious and proactive approach is unwavering, whether he is working independently or collaboratively within a team. His ability to connect with colleagues on a personal level underscores his commitment to fostering a harmonious and productive workplace environment.
Date: May 29, 2024
Tags: Information Security, ISO/IEC 27001, ISO/IEC 42001, Artificial Intelligence, GDPR
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Training: ISO/IEC 27001 Information Security Management System - EN | PECB
ISO/IEC 42001 Artificial Intelligence Management System - EN | PECB
General Data Protection Regulation (GDPR) - Training Courses - EN | PECB
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Your Skill Boost Masterclass: Strategies for Effective Upskilling
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Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
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Azure Interview Questions and Answers PDF By ScholarHat
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How to Manage Your Lost Opportunities in Odoo 17 CRM
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Walmart Business+ and Spark Good for Nonprofits.pdf
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
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Your Skill Boost Masterclass: Strategies for Effective Upskilling
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Liberal Approach to the Study of Indian Politics.pdf
Demonitazation
- 2. Introduction On November 8, 2016 Prime Minister Narendra modi take decision to banned the RS.500 RS.1000 notes. So , we are going to discuss about demonetisation & its effects on Indian Economy.
- 3. Objectives 1. To the needs of demonetisation in India. 2. To know effect of demonetisation on Indian economy. 3. To understand the strategy behind making the transformation. 4. To analyse whether a good output has resulted. Don’t be GREEDY MONEY Doesn’t grown on trees
- 4. METHODOLOGY The Present study is based on primary & secondary data. The primary data is collected from survey of respondents in Parbhani district. The secondary data is collected from books, journals and internet. The study is explained through graphs, tables and pie charts. Don’t be GREEDY MONEY Doesn’t grown on trees
- 5. Meaning: calling of currency from economy OR banned the currency and introduce new currency Don’t be GREEDY MONEY Doesn’t grown on trees
- 6. History (India) year currency governor Pm 1946 Dismiss ₹1000 & ₹10000 C.D Deshmukh 1954 Introduce ₹1000,₹5000 & ₹ 10,000 Bengal rama rau Jawaharlal nehru 1978 dismiss ₹1000,₹5000 & ₹ 10,000 I.G.Patel Morarji desai 2016 Dismiss ₹500 & ₹ 1000 Urjit patel Narendra modi
- 7. History (world) country year currency India 1946 ₹1000& ₹10,000 United states 1969 $10,000 & $ 1000 India 1978 ₹1000,₹5000& ₹10,000 Ghana 1982 50 cedi's Myanmar 1987 25,35,75 kyats Australia 1996 All paper notes Zimbabwe 2010 100 trillion dollar India 2016 ₹500 & ₹1000 Don’t be GREEDY MONEY Doesn’t grown on trees
- 8. About paper currency in India? India is one of the democratic country where all transaction are passed in paper currency. As on 28 oct 2016, india was INR 177.7 lakh million paper currency in use. 39% 48% 9% 1% 1% 2% 0% Paper currency RS.1000 RS.500 RS.100 RS.50 RS.20 RS.10 RS.2 & 5 Don’t be GREEDY MONEY Doesn’t grown on trees
- 10. Reasons for demonetisation in India? 2. 3. 1. India is world’s 76th ranked corrupt country. 2.In India, from 1984 to 2016, 1966 people are died & 16,620 injured in 82 terrorism attack. 3.Today India face fake currency. 4.Aware about digital transection. Don’t be GREEDY MONEY Doesn’t grown on trees 1. 4.
- 11. Benefits of demonetization 1.Fake currency out of circulation. 2.Increase in online transection by 22%. 3.Reduce in inflation. 4.Reduce in fiscal deficit. 5.Increase GDP by 1.5% 6.Reduce in Tax rate. 7.Income tax payer increase by 1.5%. 8.Control on unaccounted money holder. Don’t be GREEDY MONEY Doesn’t grown on trees
- 12. Demerits of demonetization 1.Scarcity of cash due to demonetization. 2.Shortage of cash. 3.Economic crises. Don’t be GREEDY MONEY Doesn’t grown on trees
- 13. 87% 13% Agree Disagree Discussions and Analysis How many people Agree/Disagree
- 14. Why India decide to make ₹2000 notes? SUPPOSE A ONE PRINT MACHINE PRINT 20 NOTES IN 1 MIN THEN,THE AMOUNT OF NOTES ARE AS FOLLOWS: 20 X 2000 Amt=40,000 20 x 1000 Amt=20,000 20 x 500 Amt=10,000 So, by printing 2000 notes government can supply money in less time Don’t be GREEDY MONEY Doesn’t grown on trees
- 15. Government Survey on Demonetisation 92% 8% INDIAN PEOPLE Agree DIS Agree Source:Gov.survey2016 Don’t be GREEDY MONEY Doesn’t grown on trees
- 16. Survey taken by TIMES OF INDIA Don’t be GREEDY MONEY Doesn’t grown on trees
- 17. Conclusions The main motive of this move is to remove the black money which is almost found in the denomination of 500 & 1000. Due to demonetisation, there will be rise in country’s GDP. There is decline in corruption. Don’t be GREEDY MONEY Doesn’t grown on tree
- 18. Suggestion India should provide modern education . India should make proper plan about terrorist attacks. Government should aware people about modern electronic transactions. Don’t be GREEDY MONEY Doesn’t grown on tree
Editor's Notes
- In 1996 Australia is become the first country in world who success in implement polymer note