( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH

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DEMONETIZATION: 2017 AND THE SHIFT OF INDIAN POLITICAL VIEWS

    1 Author(s):  NISHU TANWAR

Vol -  9, Issue- 4 ,         Page(s) : 366 - 368  (2018 ) DOI : https://doi.org/10.32804/IRJMSH

Abstract

Indian Politics – The Dance of Democracy is another coined term for it. Though, on the ground level - it is an arena of politicians, who have armoured up with policies for National welfare. The situation was unconventional when the Modi era began. After the parliamentary elections of 2014; the Nation was filled with enthusiasm because of the Modi wave as after decades a stable government was elected. The economy and share market were hitting high. The government was witnessing smooth workflow till November 8th, 2016 and then DEMONETIZATION came into play. This meant that notes of Rs.500 and Rs.1000 are no legal tender anymore. One of the most controversial decisions taken by the cabinet of ministers headed by the Prime Minister in the history of India; made India go cashless. Hence, the real shift of politics began on November 8th 2016 at 8: OO PM that left doubts about the current government in every Indian mind. 2017 became the year to cope up with the latter effects, both adverse and positive.

1.       https://www.babson.edu/academics/executive-education/babson-insight/finance-and-accounting/indias-demonetization-what-were-they-thinking/#
2.       https://www.internationaljournalssrg.org/IJEMS/2017/Volume4-Issue2/IJEMS-V4I2P103.pdf
3.       https://knowledge.wharton.upenn.edu/article/will-demonetization-affect-business-india-2017/

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