Demonetization-Impact of Startling Alteration of Indian Currency (original) (raw)

On November 8, 2016, government has announced a major change by demonetising the high value currency notes of Rs.500 and Rs.1000 denomination to stop corruption and huge circulating black money. The main objectives of this present research work are the positive and negative impact of demonetisation on GDP, banking sectors and agriculture sector. This study is theoretical in nature and based on completely secondary data obtained from various appropriate research journals, books and newspapers. After the study, it is confirmed that demonetisation effects on different sectors mainly small and medium sectors, agricultural production, construction of buildings, banking and financial sectors and also countries GDP. After demonetisation people are waiting for a much better in future.