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Cashless and Digital India: A Move Towards Clean Economy

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Cashless and Digital India: A Move Towards Clean Economy


Dr. Ranju Katoch | Dr. Deeksha Singh

https://doi.org/10.31142/ijtsrd15952



Dr. Ranju Katoch | Dr. Deeksha Singh "Cashless and Digital India: A Move Towards Clean Economy" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-5, August 2018, pp.841-845, URL: https://www.ijtsrd.com/papers/ijtsrd15952.pdf

The present study discusses about the valorous step Demonetization taken by the Government of India. The major issues in India are corruption and Terrorism and the root cause of these issues is black money, which is the major cause for deprivation of the nation. There was a need to unearth audacious step to tackle the various issues regarding black money, corruption and terrorism. The central government of India has decided the Demonetization of Rs.500 and Rs.1000 currency notes on 8th November 2016. However, 87% of total currency was constituted by these notes, being the reason for scrapping of these high denomination notes as legal tender. The current research is based on secondary data assembled from different sources. The present study makes an attempt to study the history of demonetization in different countries and point out the overall consequences of Demonetization and its inferences for sustainable development of the country.

Demonetization, Black money, Economy, Development, Denomination


IJTSRD15952
Volume-2 | Issue-5, August 2018
841-845
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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