1Assistant Professor at Ethames Degree College, Panjagutta, Hyderabad, India
2Department of Second Author, India
3Head, Department of Commerce, Maulana Azad National Urdu University, Hyderabad, India
Online published on 31 October, 2017.
It's been about 6 months science the decision of Demonetization of higher denomination no tes of Rs 500 and 1000 withdrawn from the circulation and new currency notes of Rs. 500 and 2000 issued for means of exchange. The decision to withdraw 86 per cent of the cash in circulation has thrown India into peril. Such a big and unexpected policy change naturally carries with it a large collateral damage at least in the short run where in India large section of the economy is comprised of the informal or unorganized sector which runs on cash.
The aim of this paper is to through the light on how, demonetization decision show impact on Black money, Counterfeit currency and Corruption in the country. In this paper it will be analyzed to see whether the said objectives by the Prime minister of India Mr. Narendra Modi are getting accomplished after the decision.
Demonetization, Black money, Counterfeit currency and Corruption
