1Associate Professor of Economics, SLS, Pandit Deendayal Petroleum University, Gandhnagar, Gujarat, India. Email id: pc_panda04@yahoo.co.in
2Professor of Economics, Executive Registrar, MICA, Ahmedabad, Gujarat, India. Email id: panda@micamail.in
3Lecturer of Economics, SLS, Pandit Deendayal Petroleum University, Gandhinagar, Gujarat, India. Email id: sahoomanoj1@rediffmail.com
Online published on 23 November, 2018.
Budget 2017–18 rode high on the anticipated outcome use of information after demonetizations effort of the government. Government is still defending and riding high of debatable demonetization of 500 and 1000 denominated notes on 8th November, 2016. Jaitly clearly said, “Demonetisation is a bold and decisive measure that will lead to higher GDP growth”. This along with alternative money supply in credit cards, debit cards, paytm is definitely allowing more elbow rooms for the government as liquidity in the system is more and the banks are flushed with funds. This paper is a piece of explorative debate that verifies the impact of Budget on the background of critical role of liquidity threatened by demonetization and liquidity support by digitalization.
Demonetizations, Flushed, Liquidity, Threatened, Explorative, Non-Transparent
