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World Journal of Pharmaceutical Research (WJPR) is giving Best Article Award in every Issue for Best Article and Issue Certificate of Appreciation to the Authors to promote research activity of scholar.
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Abstract

A CRITICAL STUDY ABOUT DEMONETIZATION – ITS MERITS, DEMERITS AND IMPACTS ON THE SOCIETY

K. L. Rathi* and Touseef Hussain Trak

Abstract

A sudden bang in November 2016 brought the country, India, in quite a chaotic condition. All the mechanisms, system, trade, people and the society were found entangled in the trap of chaos and confusion. Life of people suddenly became a big question-mark as how to live, how to earn, invest, and manage the savings. The historic event which affected the economy of the country in its intense way, was what is called Demonetization. It occurs whenever there is a change of national currency. The present paper reviews the various benefits and disadvantages of Demonetization, due to which its different impacts are being reflected on the common lay-man and the society as a whole.

Keywords: Indian government, demonetization, economy, currency.


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