Monday, January 23, 2017

Impact due to demonetization : 5 noticeable things

Post demonetization, noticeable impact are:

1. Derailment of economy, which was moving smoothly.

2. Dent in credibility of RBI, as an independent / autonomous organisation.

3. Disruption in unorganised and informal sector.

4. All old and worn out currency replaced by new notes, including black money.

5. Negative impact on jobs.

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