Impact of Demonetization
The administration of India reported that the rs.500 and rs.1000 designated cash notes will stop to be a legitimate
delicate. The move was focused towards handling dark cash, defilement and fear mongering. After introductory rapture
questions started to rise. The cost of demonetization will influence the general population, still in the event that it makes the
new dark cash and from that point it expanded GDP and expansion. It is basic to assess the short run and medium term
impacts that move would change contingent upon the degree to which the administration chooses to demonetize. It illustrates
the effect of such out of here the accessibility of credit, spending level of action and government funds.
Keywords - Demonetization, Black cash, Shadow economy, Underground economy, CASA