Demonetisation and its Impact on Indian Economy

Dr. Tripti Tripathi

Demonetisation and its Impact on Indian Economy

December 2016

Vol-2, Issue-6

Paper ID: 3559

ISSN: 2395-4396

Downloads: 0

Abstract & Details

Research Area

Economy

Keywords

demonetization cashless transactions credit tax evasion

Abstract

The argument posited in favour of demonetisation is that the cash that would be extinguished would be “black money” and hence, should be rightfully extinguished to set right the perverse incentive structure in the economy. While the facts are not available to anybody, it would be foolhardy to argue that this is the only possibility. Therefore, it is imperative to evaluate the short run and medium-term impacts that such a shock is expected to have on the economy. Further, the impact of such a move would vary depending on the extent to which the government decides to remonetise. This paper elucidates the impact of such a move on the availability of credit, spending, level of activity and government finances.

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Author Information

#	Name	Institute / Affiliation
1	Dr. Tripti Tripathi	Amity Business School, Amity University, Madhya Pradesh

How to Cite

Use the following formats to cite this article in your research.

APA Style

Tripathi, Dr. Tripti (2016). Demonetisation and its Impact on Indian Economy. International Journal of Advance Research and Innovative Ideas In Education, 2(6), 1518-1526.

MLA Style

Tripathi, Dr. Tripti. "Demonetisation and its Impact on Indian Economy." International Journal of Advance Research and Innovative Ideas In Education, vol. 2, no. 6, 2016, pp. 1518-1526.

IEEE Style

Dr. Tripti Tripathi, "Demonetisation and its Impact on Indian Economy," International Journal of Advance Research and Innovative Ideas In Education, vol. 2, no. 6, pp. 1518-1526, 2016.

Vancouver Style

Tripathi Dr. Tripti. Demonetisation and its Impact on Indian Economy. International Journal of Advance Research and Innovative Ideas In Education. 2016;2(6):1518-1526.

Harvard Style

Tripathi, Dr. Tripti (2016) 'Demonetisation and its Impact on Indian Economy', International Journal of Advance Research and Innovative Ideas In Education, 2(6), pp. 1518-1526.

Chicago Style

Tripathi, Dr. Tripti. "Demonetisation and its Impact on Indian Economy." International Journal of Advance Research and Innovative Ideas In Education 2, no. 6 (2016): 1518-1526.

Turabian Style

Tripathi, Dr. Tripti. "Demonetisation and its Impact on Indian Economy." International Journal of Advance Research and Innovative Ideas In Education 2, no. 6 (2016): 1518-1526.