One of the main objectives of demonetization was to come out with a transparent economy by destroying black money which has otherwise created a parallel one which is led by informal money lenders as per reports from bankers. A Financial Firm Chief Executive with more exposure in rural business informs that people who earn their

Little has been understood about allocation of costs and profits on a Cashless transaction. Precisely we can say that In a cash economy, the government pays the cost and takes profits. In a cashless system, the government makes far larger profits, the service-providers collect fees, and users pay much higher costs. Thus, it could be

The After Effects of Currency Demonetization has resulted in the BSE downfall.  Let us see more. BSE Indices The Fast moving consumer goods and consumer durables indices which cover major consumer goods firms, is 9.8 per cent and 18.4 per cent lower, compared to their pre demonetisation levels. These FMCG have lost around 1.25 lakh

The Government has planned to bring some initiatives to offset the pains caused because of Note Ban possibly keeping in view the ensuing Assembly polls in the five states including UP in February-March next year. What are the expected features of the sob? Number of relief measures for the rural population, agricultural sectors and small

Now it is more than a month that the legal tender status of the old Rs 500 and 1000 notes (referred to as specified bank notes or SBNs) was withdrawn. Everyone in the country, including foreigners in India, of different categories, are put to difficulties due to cash shortage.  Further it is observed that there