Current Affairs for UPSC IAS

Topical Analysis

TOPICAL ANALYSIS 13: CRITICAL ANALYSIS OF DEMONETISATION

On 8th November demonetization was announced with the aim of the action was 
fourfold: to curb corruption; counterfeiting; the use of high denomination notes for 
terrorist activities; and especially the accumulation of “black money”, generated by 
income that has not been declared to the tax authorities.

The act of demonetisation has positive and negative impact on many areas, which have been compiled under following chapters:
  1. ECONOMIC SURVEY ANALYSIS ON DEMONETISATION
  2. IMPACT OF DEMONETIZATION ON BANKING SECTOR
  3. DEMONETISATION AND ITS IMPACT ON MICROFINANCE SECTOR
  4. DEMONETIZATION IMPACT ON DOMESTIC REMITTANCES
  5. EMPLOYMENT AND DEMONETIZATION
  6. DEMONETISATION AND BLACK MONEY
  7. RATIONALE ANALYSIS OF DEMONETISATION
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