The War on Cash Demonetisation is popular PDF and ePub book, written by Khushboo Jain in 2017-04-15, it is a fantastic choice for those who relish reading online the Self-Help genre. Let's immerse ourselves in this engaging Self-Help book by exploring the summary and details provided below. Remember, The War on Cash Demonetisation can be Read Online from any device for your convenience.
The War on Cash Demonetisation Book PDF Summary
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a surprise TV address Narendra Modi, the Indian prime minister, announced that all 500- and 1,000-rupee notes would be withdrawn immediately from circulation.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.
Detail Book of The War on Cash Demonetisation PDF
- Author : Khushboo Jain
- Release : 15 April 2017
- Publisher : Educreation Publishing
- ISBN : 978186723xxxx
- Genre : Self-Help
- Total Page : 154 pages
- Language : English
- PDF File Size : 16,8 Mb
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