Demonetisation in India

 Demonetisation In India-

Demonetisation date

8 November,2016

Demonetisation in India is announced on late night of 8th November 2016. 

Demonetisation meaning


Demonetisation is an economic process in which currency of a country  is no longer legal tender or being unuseful. A currency unit is what we would commonly refer to banknotes and coins.

Demonetisation meaning in hindi 

विमुद्रीकरण (अर्थात मुद्रा को असंवैधानिक घोषित करना) .

Demonetisation introduction

It have completed almost four years and no good effect of demonetisation in India ,have seen on our economy but the black effects of demonetisation have clearly seen the economy have polished after such decisions at demonetisation and quality GST being introduced in our system. 


Demonetisation-source-instagram


Effects of demonetisation

demonetisation is proved one of the wrost work done by present Indian government that is laid by Mr Narendra Modi .
There is no positive is being seen out of demonetisation.
Demonetisation is total waste of time money and employment.people have to spend how was of their precious time in being in lines to get exchange there are notes two old one to new one . Demonetisation have provided drastic effect on our economy as economy have polished after too many experiments with our economic system by the present government. 
Demonetisation-source-instagram

Demonetisation advantage and disadvantage .

There is not many if and buts if we say demonetisation have fewer advantage and many  disadvantage . As the demonetisation Moto the black money to to be captured. There is no black money captured from big fishes only the small pieces is catch them in this net and the big personality of their country that have huge amount of black money are exchange there notes without any information to anyone. 

The demonetisation only targeted MSME and middle class people that are struggled enough to the whole process of monetization and they still voting for present Indian government .
at the time demonetisation announced most of the middle class peoples and lower class peoples that are the oral strength of Indian economic system are very happy with it they think that it will take out all the black money out of that big fishes and it will be very helpful and beneficial for the country but this is just their thoughts not the 5% of this happen in real .

Rbi report on demonetisation 

RBI report on demonetisation have proved  these All things right. 

Demonetisation around the world

There are many countries in world like iran ,venezuela ,and zimbabwe that implemented demonetisation previously . But all of these are underdeveloped countries that are facing economic inflation that time and nothing good happen with them after demonetisation .
But A Country like India with huge population around 130 Billions , And having a huge economy and workforce unable to sustain drastic attack on demonetisation on developing Indian economy .
And the GDP growth rate decreased subsequently .
Demonetisation-source-instagram


Demonetisation benefits

There are no benefit of demonetisation, and it is not my personal view it is proved by government records .You can see the records in many memes on social media websites.

After Demonetisation

After demonetisation Indian economy have to face a huge step back and left behind from most of the competitive countries .Economic or GDP growth rate is damaged heavily and the Modi lead govt also try to fluctuate the manner of calculating gdp. 
Their are many pros and cons of demonetisation we provided in this article. 

This article on demonetisation will be very helpful for you. 

We have provided all latest news about demonetisation.

Date of demonetisation in India

8 Nov, 2016
Time , at late night. 




Demonetization In India-

Demonetization date

8 November,2016

Demonetization in India is announced on late night of 8th November 2016. 

Demonetization meaning


Demonetization is an economic process in which currency of a country  is no longer legal tender or being unusefull. A currency unit is what we would commonly refer to banknotes and coins.

Demonetization meaning in hindi 

विमुद्रीकरण (अर्थात मुद्रा को असंवैधानिक घोषित करना) .







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