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DEMONETISATION AND ITS IMPACT ON INDIAN ECONOMY
Journal: BEST : International Journal of Humanities , Arts, Medicine and Sciences ( BEST : IJHAMS ) (Vol.4, No. 12)Publication Date: 2016-12-31
Authors : NITHIN KUMAR S; SHARMILA;
Page : 23-26
Keywords : Demonetisation and its Impact on Indian Economy;
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Abstract
On 8th November 2016 night at 8.15 P M Prime Minister of India Mr. Narendra Modi in his unscheduled television address to the nation announced that the currency notes of ? 500 and ? 1000 denomination will not be a legal tender money from midnight. Government took this step of demonetising the currency as a tool to fight against black money and corruption in Indian Economy.
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Last modified: 2016-12-23 17:38:50