Download or read book Demonetisation and Cashless Drive written by Mrunal Joshi and published by . This book was released on 2017 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Government of India took historic decision of demonetization and cancelled legal tender of high denomination currency notes Rs. 500 and Rs. 1,000 on 8th November 2016. The main purpose of this action was to cleanse counterfeit notes from economy, put check on terror funding and fight menace of black money. It being strong measure, ought to have both good and bad impact on economy. It is also likely to have different long-term and short term effect as well as different effects on different sections of the economy. In short term, it resulted into serious contraction of money supply. In absence of medium of transaction, it was anticipated that there will be contraction in economic activity resulting into loss of income and employment amongst some sections of society. Popular media appeared to be divided about extent of difficulty faced by economic agents. India has large informal economy, banking penetration in this sector was minimal. Therefore, this sector of the economy is likely to get impacted the most. A large portion of Indian population is part of this cash based informal economy and likely to have highest adverse impact during the transition period. At centre of informal economy happens to be small retailers, who are involved in dealing with last mile individuals. Therefore, to understand demonetisation's short term effect on informal sector and common citizens, this cross-sectional study tried to investigate effect of demonetisation on small retailers.
Download or read book Cashless Economy in India Present Scenario Potential Prospect and Challenges written by ajit roy and published by Createspace Independent Publishing Platform. This book was released on 2017-03-04 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: To combat black money, corruption, counterfeit currency and terror financing, government took decision on November 8, 2016 to ban Rs 500 & 1000 notes followed by putting a cap on withdrawals from banks and ATMs, Prime Minister Narendra Modi floated the idea of a cashless society. A cultural-economic revolution in the making. But this surprise demonetization also pushed millions of new users onto the country's digital economic grid by virtual fiat. Cash might be more expensive for the government, because of tax evasion, corruption and the need to keep recirculation old, spoilt, currency, and enabling transfers, but digital is very expensive for citizens. Most Indians lack the means to use cashless alternatives, irrespective of their desire to do so. India hopes to create a cleaner, more transparent economy via digitalization that will lead to an improved climate for foreign investment, boost economic growth. India is on the verge of massive digital revolution. Towards Digital Economy government initiated launch of 'two new schemes to promote BHIM app, including cash back scheme for merchants; Aadhaar Pay to be launched for people who don't have mobile phones. This will not only help millions of Indians overcome the hassles of dealing in cash to emerge as a truly cashless economy. Demonetization initiative and subsequent drive towards developing a cashless economy and subsequent likely impact as well as in depth analysis, insights and key highlights from experts are all presented in the compiled book entitled 'Cashless Economy in India-Present Scenario, Potential, Prospect and Challenges Ahead' For convenience of readers the book is divided into the following chapters. Chapter-1: Basics of Cashless Economy; Chapter 2: Mobile Wallets and Apps in India; Chapter 3: Government Initiative in Digital Movement; Chapter 4: Cashless Economy-Challenges and Prospects Chapter 5: Pros and Cons of Cashless Economy and Chapter 6: Next Generation Digital Payments Models in India: Present Scenario.
Download or read book Demonetization India s Cashless Economy written by Prof. (Dr.) B. Uday Kumar & Mrs. K. Radhika and published by Horizon Books ( A Division of Ignited Minds Edutech P Ltd). This book was released on with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the developing economy like ours, the importance of Demonetization is to a great extent has been acknowledged by all specially when optimum utilization of resources is the crying need of the day. in the view of this, this topic is gaining importance and thus has been included in the curriculum of Telangana state. This book has primarily been written in the simple language and in a lucid style with a view to explain to the society. numerous examples have been incorporated in this book to illustrate the basic principles of the subject. A good number of practical problems with examples are mentioned in this book by common people.
Download or read book India s Readiness for Digital Economy written by Ajit Kumar Roy and published by Createspace Independent Publishing Platform. This book was released on 2017-03-28 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: The digital economy is rapidly developing worldwide as the largest driver of innovation, competition, and growth. Even though many people have been excluded, tremendous opportunities are available for the digital economy to support financial inclusion for sustainable economic development. India could see a boost of $700 billion, an 11.8 per cent increase by 2025. This additional GDP could create up to 21 million jobs. McKinsey has estimated that Indians lose more than $2 billion a year in forgone income simply because of the time it takes travelling to and from a bank India aims to create a cleaner, more transparent economy via digitalization that will lead to an improved climate for foreign investment, boost economic growth, and ultimately propel the country to the next chapter of its emerging markets story. The long-term impact will be a paradigm shift to the digital economy. The biggest hindrance to a digital economy is there being a huge information asymmetry between financial services providers and the consumers. Present Government had launched a major drive for financial inclusion in terms of opening Jan Dhan accounts, giving a statutory basis for Aadhaar, implementation of Directs Benefits Transfer, introduction of RuPay Cards and Voluntary Disclosure Scheme for unaccounted money. Demonetization of 500 and 1000 Rs. notes on 8th November, 2016 was another important milestone in this endeavour. Following demonetization, there has been a spurt in the digital payments across the country and both the volume and amount of money transacted through digital methods saw seen manifold increase since 9th November, 2016. P.M. Modi and his government's ministers have been educating people on how to move towards a cashless society. Economic digitization also increases the government's ability to enhance its taxation systems. India's informal economy is responsible for roughly 45% of GDP and 80% of employment, which means that billions of INR are being exchanged each year without the knowledge tax collectors. Currently, only 1% of India's population pays income tax. Demonetization and subsequent initiatives led to greater utilization of card but we don't have enough people with debit or credit cards, and not enough PoS machines to use them. This is apart from not enough people with mobile connections in India who have an Internet connection, a reliable Internet connection, with handsets that support Indian payment apps, and are active online daily? India is a country where 94% of the population is estimated to be in the unorganized sector which draws its payments in cash and only 10% of the population has ever used non-cash means of payments. The BHIM app has been launched. It will unleash the power of mobile phones for digital payments and financial inclusion. But how ready are we to go cashless? How affordable is it for people to go cashless? Is this country ready for complete virtual banking and removing physical cash out of the system? All these points are the main purpose of the book entitled 'India's Readiness for Digital Economy' with comprehensive statistics of present scenario of infrastructure facilities presented in the following chapters. Ch-1: Vision of Digital India Ch-2: Growth of Telecommunication Usage in India Ch-3: IT & ITe'S Industry in India Ch-4: Initiative for Financial Inclusion through Banking Sectors Ch-5: Post Demonetization Scenario Ch-6: India's Initiative towards Digital Economy The book is designed in the simplest form to understand digital economy and assess related infrastructure scenario of India and to be accessible to the people interested in the area.
Download or read book Demonetisation and Cashless Economy written by Yogendra Pratap Singh and published by . This book was released on 2017 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Demonetisation Decoded written by Jayati Ghosh and published by Taylor & Francis. This book was released on 2017-03-16 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: On the night of 8 November 2016, at 8:15 pm, India’s Prime Minister, Narendra Modi, announced in a televised broadcast to the nation that with effect from midnight, currency notes of denominations Rs 500 and Rs 1,000 would no longer be legal tender. In one stroke, this involved the de-recognition of over 86 per cent of the value of Indian currency in circulation with only four hours’ notice. This important book provides a quick and concise explanation of the goals, implications, initial effects and the political economy of this major demonetisation move by the Government of India. It clarifies key concepts and offers astute economic analysis to guide the reader through the various claims, arguments and critiques that have been made; highlights the complexities of the processes that have been unleashed; and examines the likely outcomes in the long term as well as those that are immediately evident. Timely and lucid, this book will interest students and researchers in the fields of economics, finance, management, law, politics and governance as well as policy makers, legislators, civil society activists and the media.
Download or read book The War on Cash Demonetisation written by Khushboo Jain and published by Educreation Publishing. This book was released on 2017-04-15 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the night Donald Trump was elected the next US president, one of his fellow nationalist populist politicians chose to implement at the stroke of midnight "demonetization" intervention which affected 85% of the money in circulation in India. It was an unprecedented move, whether in India or almost anywhere else, and it is by far Modi's boldest policy intervention to date. In a surprise TV address Narendra Modi, the Indian prime minister, announced that all 500- and 1,000-rupee notes would be withdrawn immediately from circulation. At a stroke Mr Modi rendered 85% of currency worthless outside a bank branch. Old notes would have to be exchanged for limited supplies of new currency. It was justified as a move designed to fight corruption and target people who have been dodging taxes by holding stockpiles of cash, known in India as "black money". This Book gives a complete analysis for Indian Demonitisation Scheme. Many initially saw the withdrawal of banknotes as a price worth paying to eliminate graft. The short-term impact of "demonetisation" has been dramatic: the $2 trillion Indian economy will shrink.While Mr Modi campaigned to end corruption, it would have been better if the government had updated its antiquated tax system to realise such a task. This book analyze and give the road ahead for Indian economy post demonitisation. Book further reviews large surplus liquidity post demonetisation led to a significant improvement in monetary policy transmission as reflected in a significant decline in deposit and lending interest rates.
Download or read book Demonetisation written by Sandeip Khakase and published by People's Literature. This book was released on 2017 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is based on the 2016 Indian demonetisation. It revolves around demonetisation’s objectives stated by the Government as a measure to attack on black Money, terrorism, counterfeit currency and making cash-less, further corrected to less-cash economy. The book weighed these stated objectives and assessed whether objectives will be achieved by this demonetisation. In addition to three Indian demonetisations, the book covers 18 demonetisations across the globe and 14 demonetisation-like events. Analysed demonetisation on the basis of cost-benefit analysis, the book has also covered impact of demonetisation on major industries like FMCG, Realty, Power, infrastructure, etc. and on prime economic indicators like GDP, GVA, CRR, repo rate, inflation, etc.
Download or read book NaMo50 to New India written by VVSS Prasad and published by Notion Press. This book was released on 2018-01-13 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: NaMo50 to New India scales one of the biggest transformations in its 7 decades of independence – demonetisation. Two, young male and female from vastly different backgrounds seeks to take this initiative to its full potential and fix its flaws while suggesting further programmes to expand the country’s horizons and create a New India as they believe every problem sows seed of solution. Cashless economy..……Daydream; AADHAAR, hug gift…….. transactions curse; Farmer, our god………….suicides or murders; Are young………………..brilliant generation; GDP number,……………. reality indicator; Right to Equality………….holds true; LKG gets Progress card………but voters; –Join them on this journey with your thoughts vvss_prasad
Download or read book Swachh Bharat From Sanitation to Cleaning up the Financial System written by Dr.W.Shanthakumar and published by Archers & Elevators Publishing House. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Qualitative Techniques for Workplace Data Analysis written by Gupta, Manish and published by IGI Global. This book was released on 2018-07-13 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: In businesses and organizations, understanding the social reality of individuals, groups, and cultures allows for in-depth understanding and rich analysis of multiple research areas to improve practices. Qualitative research provides important insight into the interactions of the workplace. Qualitative Techniques for Workplace Data Analysis is an essential reference source that discusses the qualitative methods used to analyze workplace data, as well as what measures should be adopted to ensure the credibility and dependability of qualitative findings in the workplace. Featuring research on topics such as collection methods, content analysis, and sampling, this book is ideally designed for academicians, development practitioners, business managers, and analytic professionals seeking coverage on quality measurement techniques in the occupational settings of emerging markets.
Download or read book The India Bulletin 2020 written by Jai Chaudhry and published by Notion Press. This book was released on 2021-03-06 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: ‘Global politics, as the name suggests, investigates the political concepts of power, equality, sustainability, and peace methods at a variety of levels. These investigations are vital for the wellbeing of a country.’
Download or read book General Science Technology for Civil Services PT Mains State PSC CDS NDA SSC other UPSC Exams 2nd Edition written by Disha Experts and published by Disha Publications. This book was released on 2019-03-26 with total page 864 pages. Available in PDF, EPUB and Kindle. Book excerpt: The thoroughly Revised & Update 2nd Edition of the book General Science & Technology for Civil Services PT & Mains, State PSC, CDS, NDA, SSC, & other UPSC Exams been designed with special focus on IAS Prelims & Main Exams. The book is prepared as per the trend of questions asked in previous years question papers of various UPSC/ State PSC/ SSC exams. • In nutshell the book consists of complete theory of Physics, Chemistry, Biology and Technology with MCQ Exercise including past questions of various exams. • The book also covers past questions of IAS Mains GS III and various State PSC exams. • The book also covers Technology in the development of India and its future prospects in the field of research. The part deals with Energy, Nuclear Technology, Information Technology, Space research, Communication and Defence. • The book is empowered with a variety of questions (Simple MCQs, Statement Based MCQs, Match the column MCQs, Assertion-Reason MCQs) and thus more than 3800 questions are included in the book. Solutions are also provided in the book. • Past MCQs of last ten year questions of various competitive exams have also been included in the book.
Download or read book DEMONETIZATION MIRROR OR MIRAGE written by Ms. Geetanjali Shrivastava & Ms. Megha Pare and published by Horizon Books ( A Division of Ignited Minds Edutech P Ltd). This book was released on 2017-01-01 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ever since demonetization, Dr. Fr. John P J has been thinking about publishing a book. He tossed the idea to us about what it could be and how we could go for really formalizing it. It just seemed like a neat idea, and gave us a ton of latitude to take things in our own way and focused heavily on the conceptualization of the entire process that could provide useful information about the impact of Demonetization to a broad audience.
Download or read book Target SBI Bank PO Preliminary Main Exam 20 Practice Sets Past Papers 2017 15 English 7th Edition written by Disha Experts and published by Disha Publications. This book was released on with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: • Target SBI Bank PO Exam 20 Practice Sets Workbook (English Edition) is the 7th edition written exclusively for the New pattern Exam being conducted by SBI for recruitment in PO in the SBI. • The book provides 20 Practice Sets – 5 Preliminary Exam Tests + 15 Main Exam Tests (10 in the book and 5 as Online Tests) & 10 Descriptive Tests with explanations - designed exactly on the new pattern of the latest SBI Bank PO Exam. • The Preliminary Test contains all the 3 sections - Reasoning Ability, Numerical Ability and English Language - as per the latest pattern. • The Mains Test contains all the 4 variety of tests - Reasoning and Computer Knowledge, Data Analysis & Interpretation, General/ Banking/ Economy Awareness and English Language - as per the latest pattern. • The Descriptive Tests contains Essay Writing, Letter Writing and Paragraph Writing as per the latest pattern suggested by SBI. • The solution to each type of Test is provided. • The General Awareness section in the Main Test of each Practice Set contains questions from General Awareness, Current Affairs, Banking and Economic Awareness . • The book also provides past solved papers of 2015-17 Prelim & Main SBI PO Exam. • This book will really help the students in developing the required Speed and Strike Rate, which will increase their final score in the exam.
Download or read book Target SBI Bank PO Preliminary Main Exam 20 Practice Sets Past Papers 2019 15 9th Edition written by Disha Experts and published by Disha Publications. This book was released on 2020-02-04 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
