INDIAN ECONOMY AFTER DEMONETISATION-2016

Demonetization has caused real life problems for couple of weeks to almost all people from all walks of life in the country. Most of the things in domain of society and economic activities suffered and money in physical form had become most precious thing to be sought after. The present article tries to find out effect of demonetization drive that was initiated on November 8th 2016 by government of India. Were the aims of demonetization fulfilled? How the demonetization affected the growth rates of various sectors of economy? What is the international opinion about the whole process of demonetization and its repercussions? These are some basic questions about which the present article tries to answer in concise account.