000 01483nam a22001697a 4500
999 _c25533
_d25533
020 _a978-0-19-948679-3
082 _a332.460954
_bNOT-
245 _aNote-Bandi
_b: demonetisation and India's elusive chase for black money
260 _aNew Delhi
_bOxford University Press
_c2018
300 _axxviii, 475p.
504 _aInclude index and about the editor and contributor
520 _aThe demonetisation of November 2016 will go down in history as one of the most intensely debated economic policy interventions of the Indian state. With the abolition of the legal tender status of Rs 500 and Rs 1,000 notes, about 86 per cent of the currency in circulation stood withdrawn from circulation in the economy. The purpose, according to the government, was to stamp out counterfeit currency, unearth black money and usher in a less-cash economy. This work analyses in detail the conception and implementation of demonetisation, its impact on different spheres of the economy and sections of the people and various claims of the government vis-à-vis demonetisation. It tries to locate the two demonetisations of 1978 and 2016 within the broader questions of tax evasion and the generation and storage of black money in India over the last six decades. It has a comprehensive introduction, supported by writings from the archives of the Economic and Political Weekly
546 _aEnglish
650 _aEconomy
_aMonetary policy
_zIndia
700 _aRamakumar, R.
942 _2ddc
_cBK