Demonetization: issue and challenges

Demonetization: issue and challenges

Author Name : Dinesh kumar

ABSTRACT: The paper aims to explain meaning of demonetization, and its effect on the Indian economic as well as human life. The objective of the paper is to explain that demonetization is done to Removing black money from currency, Stopping terror funds, Reducing fake notes and Increase cashless transactions. It also highlights points like why it is done, what is its affects in India, impact of it on social and environmental issues etc. the paper is explanatory paper. Main aim of the paper is to explain that, the decision of our grate prime minister Mr. Narendra Modi was positive although it face many challenges politically and socially, overall people satisfied with his decision and help government to normalize the situation.