Demonetization is a historic step undertaken by the ruling party since Independence to scrap black money and lower corruption in India. The Indian economy is undergoing a dismal phase due to severe cash crisis with the withdrawal of old 500 and 1000 rupee notes. Our daily livelihood and working, solely dependent on cash transactions, is adversely affected. Withdrawing money has … [Read more...]
Priceless Mileage Is Seen In Mobile Wallets Sector. And The Magnitude Is Pleasantly Shocking!
Demonetization has hit us in a big way, and has affected everyone in every strata of the society in some way or the other. It is a never ending debate whether the effects are good or bad, but the aftermath has definitely changed our perception of monetary transactions. Cash as a mode of exchange and transaction has suffered a setback due to the current demonetization decision. … [Read more...]
Effects of Demonetization On A Vegetable Vendor To India’s GDP. Is This Actually a Victory?
Not being a huge fan of news channels, I was blissfully ignorant of the recently trending news of currency ban till my mother came in and related the same and what a stir it has created. Switching on the T.V, listening to the aims and approach of the government, it felt like a step has been taken in the correct direction. It felt like the time has finally come when a huge … [Read more...]
When The Possible Leak Of ‘Demonetisation’ Happened Long Back, But The News Went Subtly Unnoticed!
The first thing that strikes my mind whenever I hear the word Demonetisation is a reminder of my school days. There were times when the classroom resembled more like a crowded bus and it was quite difficult for the teachers to catch the ones causing the commotion, as a result of which, not only the mischievous fellows who were the real cause, the whole class, including the ones … [Read more...]
Demonetization Is Chaotic. But There’s A Deep Sense Of Relief Attached, Which Is Being Ignored!
Everything was going on at its pace all over the country. There was continuous stone pelting in the Kashmir Valley, Naxalites and Maoists were busy brainwashing the poor and down-trodden, hawala transactions were in full flow without many problems, bribery was in full swing in most of the Government establishments, people were paid to cause disharmony in the society on a large … [Read more...]
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