The Policy of Demonetization in India- An Overview

Neelu Devi

Abstract


The first instance of demonetization in India was in 1946 and the second demonetization in 1978 when an ordinance was promulgated to phase out currency notes with different denomination, but it was limited when it is compared to 2016.  On the eve of 8th November 2016, our Prime Minister Shri Narendera Modi announced the Government of India’s decision to cancel the legal tender character of high denomination currency of Rs. 500 and Rs 1,000  with effect from 09th Nov 2016

Full Text:

PDF

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Publisher

EduPedia Publications Pvt Ltd, D/351, Prem Nanar-3, Suleman Nagar, Kirari, Nagloi, New Delhi PIN-Code 110086, India Through Phone Call us now: +919958037887 or +919557022047

All published Articles are Open Access at https://edupediapublications.org/journals/


Paper submission: editor@edupediapublications.com or edupediapublications@gmail.com

Editor-in-Chief       editor@edupediapublications.com

Mobile:                  +919557022047 & +919958037887

Websites   https://edupediapublications.org/journals/.

Journals Maintained and Hosted by

EduPedia Publications (P) Ltd in Association with Other Institutional Partners

http://edupediapublications.org/

Pen2Print and IJR are registered trademark of the Edupedia Publications Pvt Ltd.