Demonetization in India: Issues and Challenges
- Author B. S. Kadam
- Co-Author Snehal B. Kadam
- DOI
- Country : India
- Subject : Commerce
Keywords : Demonetization, currency, common man, social, political, infrastructure
Abstract
In this paper an attempt has been made to study the history of demonetization in various countries as well as in India. The legal base in India for demonetization is given u/s 26(2) of the RBIAct1934.The role of Government and RBI is explained in this paper.
The study has been made regarding the impact of demonetization on common man, financial impact on common man, political impact, and social impact. The main objective of this study is to find out various issues and challenges due to demonetization. Infrastructural issues, consumer behaviour issues, accessibility in language, mode of payment and spending behaviour issues are the issues of demonetization in India.
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