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Indian Economy : Black Money and Demonetization
Authorship Description
Dr. Arun Srivastava.
Bibliographical Details xiv, 282 p. 24 cm.
Edition, Place & Publisher 1st ed. New Delhi, Astha Publishers and Distributors.
ISBN-10 9385330381
ISBN-13 9789385330384, 978-9385330384
Year of Publication 2018.
Price
List Price
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US $ 54.00
Your Price
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US $ 48.60
(With Free Regd. Airmail Deliveries)
KK Stock No. KK-134834
Indian Economy : Black Money and Demonetization

"In the night Donald Trumph was elected the next US president, one of his fellow nationalist populist politicians chose to implement at the stroke of midnight "demonetization" intervention which affectd 85% of the money in circulation in India. It was an unprecedented move, whether in India or almost anywhere else, and it is by far Modi's boldest policy intervention date. In a surprise TV address Narendra Modi, the Indian prime minister announced and all 500- and 1,000-rupees notes would be withdrawn Immediately from circulation. At a stroke Mr. Modi rendered 85% of currency worthless outside a bank branch. Old notes would have to be exchanged for limited supplies of new currency. It was justified as a move designed to fight corruption and targest people who have been dodging taxes by holding taxes by holding stockpiles of cash, known in Indian as "black money" This book gives a complete analysis for Indian Demonitisation Scheme. Many initiality saw the withdrawl of banknotes as a price worth paying to eliminate graft. The short-term impact of "demonetisation" has been dramatic: the $2 trillion Indian economy will shrink. While Mr. Modi campaigned to end corruption, it would have been better if the government had updated its antiquated tax system to realise such a task. This book analyze and give the road ahead for Indian economy post demonitisation. Book Further reviews large surplus liquidity post demonitisation Book further reviews large surplus liquidity post demonetisation led to a significant improvement in monetary policy transmission as reflected in a significant decline in deposit and lending interest rates."
                                                                          [from Blurb]

Contents

Preface

1. Indian Banknote Demonetization 2016

2. Understanding Black Money : How it Affects Indian Economy?

3. Black Money : Estimations and Institutions

4. Impact of Corruption on Economic Development

5. The Issues of Political Corruption

6. The Economics and Politics of Corruption in India

7. Indian Black Money

8. The Implications of Political Corruption for India's Economic Development

9. Direct Effects of Blackmony on Economy

10. Blackmoney, Current Status and Impact on Economy

11. Strategies and Tackling the Black Money

12. Tackling Corruption : An Indian Perspective

13. Demonetization - An Opportunity to Curtail Black Money and Promote Digital Payments

14. National Anti-Corruption Strategy

15. The Anti-Corruption Movement in India

Bibliography

Index

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Indian Economy : Black Money and Demonetization / Dr. Arun Srivastava. 1st ed. New Delhi, Astha Publishers and Distributors. (KK-134834)
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