Demonetisation and Common Man - Jagadeesha, Marigowda
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This book is intended to create awareness, advantages and disadvantages of demonetization. Decision of demonetization had its impact on all sections of the society, which gave new direction to people, who depend more on cash transactions rather digital payments in India. Reason behind demonetization was effective counter measure against black money and using it for illegal activities. But inadequate supply of new currency was affected day to day transactions of common man, especially people of rural India, banks, ATM and small business suffered temporary financial loses. If destruction of old…mehr

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Produktbeschreibung
This book is intended to create awareness, advantages and disadvantages of demonetization. Decision of demonetization had its impact on all sections of the society, which gave new direction to people, who depend more on cash transactions rather digital payments in India. Reason behind demonetization was effective counter measure against black money and using it for illegal activities. But inadequate supply of new currency was affected day to day transactions of common man, especially people of rural India, banks, ATM and small business suffered temporary financial loses. If destruction of old currency and printing of new currency costs are higher than benefits, then demonetization will not defend decision makers and executors, such decision will impact badly on country economy as well as GDP, also it will tarnish popular ruling governments image.
Autorenporträt
Dr Marigowda Jagadeesha a travaillé comme professeur associé dans des universités éthiopiennes et kenyanes et dans des industries FMCG bien connues. Il est membre de l'organisation internationale bien connue Academy of International Business depuis 2012 et a révisé plus de 20 articles pour l'AIB, l'AOM et de nombreuses autres revues internationales bien connues.