Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/20118
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dc.contributor.authorKumar, Arun-
dc.date.accessioned2017-12-27T10:37:29Z-
dc.date.available2017-12-27T10:37:29Z-
dc.date.issued2017-11-07-
dc.identifier.urihttp://hdl.handle.net/11718/20118-
dc.descriptionThe R & P seminar held at Wing 11 Committee Room, IIM Ahmedabad on November 7, 2017 by Prof. Arun Kumar, ISS New Delhi on Demonetization 2016 and Black Economy.en_US
dc.description.abstractOn 8 November 2016, India demonetized high denomination currency, wiping out 86 per cent of the currency in circulation. India’s well-functioning economy went into a tailspin. This move, it was claimed, was made to wipe out corruption, deter the generation of black money, weed out fake Indian currency notes and curb terrorism. Did it achieve any of this? RBI has admitted that 99 per cent of the old currency notes are back. To understand these issues we need to know more about the black economy. Businesses, especially in the unorganized sectors, came to a grinding halt. Farmers had difficulty buying inputs and many lost their jobs. India continues to grapple with the effects of this move. Credibility of RBI, banks and money is damaged, accountability of institutions has been eroded; and the social divide has widened. There have been many arguments and counter-arguments, but the complete picture needs to be understood.en_US
dc.publisherIndian Institute of Management Ahmedabaden_US
dc.subjectBlack Economyen_US
dc.subjectDemonetizationen_US
dc.subjectRBIen_US
dc.titleDemonetization 2016 and Black Economyen_US
dc.typeVideoen_US
Appears in Collections:R & P Seminar

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