What have been the effects of Demonetisation of currency in 2016?
What have been the effects of Demonetisation of currency in 2016?
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(i) Estimated curb on black money
(ii) Estimated curb on Human Trafficking
(iii) Adverse effects on radical groups like Naxalists and Maoists.
(iv) Cash shortage among public
(v) Deaths of people standing in bank queues reported.
(vi) Decline in stock market
(vii) Disruption in public transport system.
(viii) Rise in cashless transactions
(ix) Move towards digital economy
(x) Growth in tax collection and number of assesses
(xi) Decline in GDP growth.
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