Demonetisation: First Step Towards A Cashless Economy

Ishwar C Dhingra | Category: EconomicsBook Details

ISBN: 9789386221582
YOP: 2017
Pages: 270

Order also on

Invention first of ‘Zero’ and subsequently of ‘Wheel’ were a ‘game changer’, as was the advent of Industrial Revolution. In the same distinguished class we can put an event in India that has overshadowed all other pains and pleasures of daily life of not only 132 crore Indians but has also caught eyes and ears of billions of mankind inhabiting this earth. Thousands and lakhs of self-proclaimed all-known economists and sociologists and experts in public affairs and governance have come out in open delivering long sermons and make all types of prescriptions, sensible or otherwise. ‘I said so’ is a common refrain. This has become a national discourse, a type of national fair and festival in which all inhabitants of this great nation are demonstrating ‘unity in diversity’ by active participation.
This thriller goes by the name of ‘Demonetisation’. Demonetization is a powerful instrument of state policy that works like a divine ‘Brahmastra’ and is to be used with utmost care and caution. And it is equally important that public discourse on the subject is not distorted. We, in this small monograph, have made a modest attempt to make an objective assessment of this policy instrument.

1. Demonetisation: Concept
2. JAM Trinity: Jan Dhan Yojana, Aadhar, Mobile Banking
3. Demonetisation and Corruption: A Global Perspective
4. Black Income, Money and Wealth: Parallel Underground Economy
5. Demonetisation, Terrorism and Other Criminal Activities
6. Counterfeit Currency: Lessons from International Experience
7. Cashless Society: International Perspective
8. Towards a Transformed Economy

Invention first of ‘Zero’ and subsequently of ‘Wheel’ were a ‘game changer’, as was the advent of Industrial Revolution. In the same distinguished class we can put an event in India that has overshadowed all other pains and pleasures of daily life of not only 132 crore Indians but has also caught eyes and ears of billions of mankind inhabiting this earth. Thousands and lakhs of self-proclaimed all-known economists and sociologists and experts in public affairs and governance have come out in open delivering long sermons and make all types of prescriptions, sensible or otherwise. ‘I said so’ is a common refrain. This has become a national discourse, a type of national fair and festival in which all inhabitants of this great nation are demonstrating ‘unity in diversity’ by active participation.
This thriller goes by the name of ‘Demonetisation’. Demonetization is a powerful instrument of state policy that works like a divine ‘Brahmastra’ and is to be used with utmost care and caution. And it is equally important that public discourse on the subject is not distorted. We, in this small monograph, have made a modest attempt to make an objective assessment of this policy instrument.

1. Demonetisation: Concept
2. JAM Trinity: Jan Dhan Yojana, Aadhar, Mobile Banking
3. Demonetisation and Corruption: A Global Perspective
4. Black Income, Money and Wealth: Parallel Underground Economy
5. Demonetisation, Terrorism and Other Criminal Activities
6. Counterfeit Currency: Lessons from International Experience
7. Cashless Society: International Perspective
8. Towards a Transformed Economy