A STUDY ON PERCEPTION TOWARDS DEMONETIZATION IN THOOTHUKUDI
Journal Title: GJRA-Global Journal For Research Analysis - Year 2019, Vol 8, Issue 4
Abstract
The Indian government stated objective behind the 2016 demonetization policy are as Follows; rst, to make India corruption free, second, to curb black money , third, to control ination, fourth, to stop terror nancing, fth, to make the people pay income tax and nally, to make a cashless society and create Digital India. The demonetization policy is seen as a nancial reform in the country but this decision is fraught with its own merits and demerits. The government of India, on 8th November, 2016 announced demonetization of all Rs.500 and Rs.1000 banknotes which stripped those currencies of their legal tender status. However, the lower denomination currencies Rs.10, 20, 50,100 and coins remained valid. This move was attempted by government to tackle three problems in economy viz., a parallel economy, counterfeit currency and terror nancing. This is not the rst time when Indian currency is demonetized in India. Demonetization has been implemented twice in the past on 12th January, 1946 and 16th January, 1978 to combat tax evasion and curb black money. However, this is the rst time Rs.2000 currency note is being introduced.
Authors and Affiliations
G. Sudha, V. Sornaganesh
Keywords
Related Articles
- EP ID EP549526
- DOI -
- Views 67
- Downloads 0
FETO-MATERNAL OUTCOME IN SINGLETON PREGNANCIES WITH POLYHYDRAMNIOS: A CASE CONTROL STUDY
Objectives - To study the fetal and maternal outcome, in pregnancies complicated by polyhydramnios with that of pregnancies having normal uid volume. Maternal and Methods This prospective case control study was conducte...
Marine Mollusk Fauna of Kastamonu and Sinop Provinces: A Compiled list of Black Sea Mollusks of Turkey
The study was carried out to determine Mollusca fauna of Kastamonu and Sinop coasts. A seasonal sampling procedure was performed in the area from a variety of biotops in 0-0.5 and 5m depths at 4 stations between July 200...
Friedel-Craft’s Acylation of Deactivated Benzenes over Solid Acid Catalysts
The cobalt manganese ferrospinels with the general formula CoxMn(1-x)Fe2O4(x = 0.0, 0.2, 0.4, 0.6, 0.8 and 1.0 has been successfully synthesized by controlled low temperature hydroxide co-precipitation method. The cobalt...
INTERNATIONAL INITIATIVES IN COMBATING TERRORISM AND THE ROLE OF INDIA
The United Nations ('UN') and its specialized agencies have for several decades been active in developing a wide range of international legal instruments to suppress terrorist activities and bring the perpetrators to jus...
STOCK MARKET REACTION TO THE BUYBACK ANNOUNCEMENT -- AN ABNORMAL RETURNS ANALYSIS
The main objective of the paper is to analyze and interpret the impact of the buyback of equity announcement on the market price in the Indian context. The sample size of the paper consists of 64 initial buyback programs...