Abstract
Demonetization as a tool to curb black money in the Indian economy and promote a cashless society miserably measurable failed in the aspect of social welfare and poor economics or how the economics of being poor worked. This research paper shows that the government overlooked warning signs in the form of existing available data that with fair consideration would make demonetization infeasible because of the impact on poor people particularly in rural areas.
Recommended Citation
Chattopadhyay, Shouvik
(2024)
"Demonetization and Poor Economics: Warning signs that the government overlooked,"
American Journal of Business and Management Research (AJBMR): Vol. 1:
Iss.
3, Article 3.
Available at:
https://research.smartsociety.org/ajbmr/vol1/iss3/3