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 Maintaining Financial Stability in Times of Risk and Uncertainty written by Behl, Abhishek and published by IGI Global. This book was released on 2018-12-04 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risks and uncertainties?market, financial, operational, social, humanitarian, environmental, and institutional?are the inherent realities of the modern world. Stock market crashes, demonetization of currency, and climate change constitute just a few examples that can adversely impact financial institutions across the globe. To mitigate these risks and avoid a financial crisis, a better understanding of how the economy responds to uncertainties is needed. Maintaining Financial Stability in Times of Risk and Uncertainty is an essential reference source that discusses how risks and uncertainties affect the financial stability and security of individuals and institutions, as well as probable solutions to mitigate risk and achieve financial resilience under uncertainty. Featuring research on topics such as financial fraud, insurance ombudsman, and Knightian uncertainty, this book is developed for researchers, academicians, policymakers, students, and scholars.
Download or read book India Transformed written by Rakesh Mohan and published by Brookings Institution Press. This book was released on 2018-09-25 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this commemorative volume, India's top business leaders and economic luminaries come together to provide a balanced picture of the consequences of the country’s economic reforms, which were initiated in 1991. What were the reforms? What were they intended for? How have they affected the overall functioning of the economy? With contributions from Mukesh Ambani, Narayana Murthy, Sunil Mittal, Kiran Mazumdar-Shaw, Shivshankar Menon, Montek Singh Ahluwalia, T.N. Ninan, Sanjaya Baru, Naushad Forbes, Omkar Goswami and R. Gopalakrishnan, India Transformed delves deep into the life of an economically liberalized India through the eyes of the people who helped transform it.
Download or read book Global Challenges and Strategic Disruptors in Asian Businesses and Economies written by Ordóñez de Pablos, Patricia and published by IGI Global. This book was released on 2020-09-25 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategic disruptors in companies and economies, including blockchain technology, big data, and artificial intelligence, can contribute to the creation of new business opportunities, jobs, and growth. Research is needed on the impacts of these disruptors in Asia, as well as analyses on new business ecosystems and policy implications. Global Challenges and Strategic Disruptors in Asian Businesses and Economies presents a rich collection of chapters that explore and discuss the state of the art, emerging topics, challenges, and success factors in business, big data, innovation, and technology in Asia. The book explores how the internet of things, big data, and artificial intelligence can provide solutions for global challenges and companies. Including topics on digital economy, strategic management, and information technologies, this book is ideal for managing directors, general managers, corporate heads of firms, politicians, executives, entrepreneurs, academicians, decision makers, policymakers, researchers, and students looking to enhance their understanding and collaboration in business, disruptive innovation, and technology in Asia.
Download or read book Note Bandi written by R. Ramakumar and published by Oxford University Press. This book was released on 2018-02-16 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: The demonetisation of November 2016 will go down in history as one of the most intensely debated economic policy interventions of the Indian state. With the abolition of the legal tender status of Rs 500 and Rs 1,000 notes, about 86 per cent of the currency in circulation stood withdrawn from circulation in the economy. The purpose, according to the government, was to stamp out counterfeit currency, unearth black money, and usher in a less-cash economy. This work analyses in detail the conception and implementation of demonetisation, its impact on different spheres of the economy and sections of the people, and various claims of the government vis-à-vis demonetisation. It tries to locate the two demonetisations of 1978 and 2016 within the broader questions of tax evasion and the generation and storage of black money in India over the last six decades. It has a comprehensive introduction, supported by writings from the archives of the Economic & Political Weekly.
Download or read book Liberal Studies written by Manpreet Sethi and published by IndraStra Global e-Journal Hosting Services. This book was released on 2017-12-31 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Liberal Studies journal is a trans-disciplinary bi-annual journal of the School of Liberal Studies, Pandit Deendayal Petroleum University, INDIA. Each issue of the journal amalgamates research articles, expert opinions, and book reviews on various strands with an endeavor to inquire the contemporary world concerns. Vol. 2, Issue. 2, July-December, 2017 ISSN 2688-9374 (Online) ISSN 2455-9857 (Print) OCLC No: 1119390574
Download or read book The Macroeconomics of De Cashing written by Mr.Alexei P Kireyev and published by International Monetary Fund. This book was released on 2017-03-27 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper presents a simple framework for the analysis of the macroeconomic implications of de-cashing. Defined as replacing paper currency with convertible deposits, de-cashing would affect all key macroeconomic sectors. The overall macreconomic impact of de-cashing would depend on the balance of growth-enhancing and growth-constraining factors. Starting from a traditional saving-investment balance, the paper develops a four-sector macroeconomic framework. It is purely illustrative and is designed to provide a roadmap for a systematic evaluation of de-cashing. The framework is disaggregated into the real, fiscal, monetary, and external sectors and potential implications of de-cashing are then identified in each sector. Finally, the paper draws a balance on possible positive and negative macroeconomic implications of de-cashing, and proposes policies capable of augmenting its economic and social benefits, while reducing potential costs.
Download or read book Demonetisation and Black Money written by C. Rammanohar Reddy and published by . This book was released on 2019 with total page 0 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 India s Demonetization Pros and Cons written by Dr.V.V.L.N. Sastry and published by Idea Publishing. This book was released on 2020-03-06 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: November 8, 2016 declaration by Indian Prime Minister, Narendra Modi that all 500-and 1000-rupee bank notes of the Mahatma Gandhi Series would ease being legal tender from midnight of 9th November 2016 was greeted with shock and dismay. India is, not the first country to demonetize its currency. Several countries have used the practice due to various reasons. The U.S., Ghana, Nigeria, European Union, Soviet Union, North Korea, and Zimbabwe are some of the countries that have demonetized their currencies. The reasons are almost similar to the reasons as to why India demonetized its currency. The Indian government claimed that the objectives of demonetization were to remove fake currency from circulation, tackle terrorism funding, left-wing extremism, remove black money, create a cashless economy, and to convert the informal economy into a formal economy. This was expected to help in expanding the tax-base and employment. However, demonetization had several disadvantages too. It reduced the level of cash in circulation. The cash-crunch was caused by the introduction of the Rs. 2,000 notes into circulation. This high value currency made it difficult to carryout financial transactions due to unavailability of other denominations to match the need for equivalent change. People could not make use of Rs. 2000 notes for to make small purchases. Demonetization also inconvenienced members of the public as the government only abolished certain currency from circulation and kept others. It necessitated people to spend a longtime queuing outside banks and cash machines to get new currency. People lost valuable time that they could have spent undertaking other economically productive activities. It also led to the slowdown of the economic growth while some people even engaged in fraud and corruption. Demonetization, for instance, also provided money changers an opportunity to convert black money to white at no cost. In reality, demonetization affected only a small proportion of the assets accumulated through illegal activities. Another disadvantage of demonetization is that it does not control the source of the illegal funds. This book provides background of demonetization details, pros and cons.
Download or read book Building a Cashless Society written by Niklas Arvidsson and published by Springer. This book was released on 2019-02-22 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book tells the story of how Sweden is becoming a virtually cashless society. Its goal is to improve readers’ understanding of what is driving this transition, and of the factors that are fostering and hampering it. In doing so, the book covers the role of central banks, political factors, needs for innovation, and the stakeholders involved in developing a cashless ecosystem. Adopting a historical standpoint, and drawing on a unique dataset, it presents an academic perspective on Sweden’s leading role in this global trend. The global interest in the future of cash payments makes the Swedish case particularly interesting. As a country that is close to becoming a cashless economy, it offers a role model for many other countries to learn from - whether they want to stimulate or reduce the use of cash. This highly topical book will be of interest to politicians, researchers, businesses, financial service providers and payment service providers, as well as fintech start-ups, regulators and other authorities.
Download or read book Demonetisation Fifty Days Between Cashless to Less Cash Economy written by Raju Singh and published by . This book was released on 2018-06-10 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: I live in a world where money matters, so do my thoughts about money as I have been shaped to think, act and respond in a way money does best to me. I came from a society were money is the only means of surviving and is more preferred over resources, Where money can't buy love but everything else. So I am being moulded in a way to make money effectively and efficiently to stand in the race with billions like me pushing the large wheels of the economy altogether. Now, what happens when I see the money that I hold is no longer money but just some papers? How I reshape my understanding of money and the resources and the state politics that hold the real power to validate the legitimacy of the greatest device that fuels economy?The book is on account of the people and the politicians who stood for and on those who were against this historic economic transformation of the country in a consistency of the fact that in a debate or a democracy it's not about who is right or who is wrong it's about both. It's all about being getting heard after all.
Download or read book Mobile Commerce Concepts Methodologies Tools and Applications written by Management Association, Information Resources and published by IGI Global. This book was released on 2017-06-19 with total page 1584 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the era of digital technology, business transactions and partnerships across borders have become easier than ever. As part of this shift in the corporate sphere, managers, executives, and strategists across industries must acclimate themselves with the challenges and opportunities for conducting business. Mobile Commerce: Concepts, Methodologies, Tools, and Applications provides a comprehensive source of advanced academic examinations on the latest innovations and technologies for businesses. Including innovative studies on marketing, mobile commerce security, and wireless handheld devices, this multi-volume book is an ideal source for researchers, scholars, business executives, professionals, and graduate-level students.
Download or read book Understanding Demonetization in India written by Shrawan Kumar Singh and published by Business Expert Press. This book was released on 2019-04-04 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the very concept, history, critique, and impact on the overall economy and black money, the move toward less-cash economy and digitalization, government–RBI relations, along with an assessment of two years of demonetization. Demonetization has created a severe macroeconomic shock. The measure was humungous in scale and led to a sharp contraction in money supply for a short period. Although demonetization’s proponents have contended that it would cleanse the economy of black money and make transactions more formal and digital, its implementation certainly could have been better. The effects of demonetization on the Indian economy are debatable and will vary by sector. Its effectiveness will be talked about and studied by economists and policy makers for decades to come. Demonetization has made only a minor dent in the GDP. It has helped to bring more people into the tax net and has reduced the size of the informal economy. With the increased use of digital payments, economic transactions become recorded. This book examines the very concept, history, critique, and impact on the overall economy and black money, the move toward less-cash economy and digitalization, government–RBI relations, along with an assessment of two years of demonetization. It would be prudent for the government to focus more on proper institutional reforms to address the issues originating from demonetization.
Download or read book The Black Economy in India written by Arun Kumar and published by Penguin Books India. This book was released on 2017 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, the author critically examines the standard explanations for the causes and consequences of black income generation. His analysis lays bare the pernicious effects of black income on the macroeconomy and the resultant inefficiency, waste in the economy and society.
Download or read book Demonetization and the Black Economy written by Arun Kumar and published by India Portfolio. This book was released on 2022-05 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demonetization and Black Economy gives a blow-by-blow account of what happened and what were it s effects. This is a powerful book by India's foremost expert on black economy and public finance. The book is a no-holds-barred look into what happens to a nation when its own government devalues its currency. Also find out what were the social, political and economic costs to the nation. This is a hardhitting look at demonetization, and why it could be one of the worst mistakes made by an Indian government with serious social, political and economic consequences. --
Download or read book Who s Cashing In written by Atreyee Sen and published by Berghahn Books. This book was released on 2020-08-01 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cashless infrastructures are rapidly increasing, as credit cards, cryptocurrencies, online and mobile money, remittances, demonetization, and digitalization process replace coins and currencies around the world. Who’s Cashing In? explores how different modes of cashlessness impact, transform and challenge the everyday lives and livelihoods of local communities. Drawing from a wide range of ethnographic studies, this volume offers a concise look at how social actors and intermediaries respond to this change in the materiality of money throughout multiple regional contexts.
