MC

Current Trends in Science and Technology

an Open Access Publication ISSN: 0976-9730 | 0976-9498

Management and Economics

Impact of Demonetization on Indian Economy

Sunildas. B
Guest lecturer, Department of Commerce Ayyankali Memorial Arts & Science College Kuriyottumala, Pathanapuram, Kollam E-mail: sunildasklm@gmail.com
Online First: May 03, 2018
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Abstract

With cash transactions facing a reduction, alternative forms of payment will see a surge in demand. Digital transaction systems, E wallets and apps, online transaction using E banking, usage of Plastic money(Debit and Credit Cards) ,etc. will definitely see substantial increase in demand. This should eventually lead to strengthening of such systems and the infrastructure required.

Keyword : demonetization, corruption, smuggling, terrorism

  Submitted
May 3, 2018
Published
May 3, 2018
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