Demonetization: Issues & Challenges on Indian Economy

Abstract

The contention set for demonetization is that the money that would be quenched would be "dark cash" and henceforth, ought to be legitimately stifled to set right the unreasonable motivator structure in the economy. While the actualities are not accessible to anyone, it is irresponsible to contend this is the main probability. Consequently, it is basic to assess the positive effects of demonetization is relied upon to have on the economy. Further, the effect of such a move would differ contingent upon the degree to which the administration chooses to remonetize. This paper illustrates the effect of such out of here the accessibility of credit, spending, level of action and government funds.