India's demonetization: A review of its economic impact

In the year 2016, the Government of India's demonetization has been hailed by numerous individuals as an extraordinary financial monetary move and has drawn a lot of fire. Checking black money was expressed as the primary target behind demonetization. While the prompt impact was found as far as the immense measure of old cash getting stored in the banks, the eventual outcomes are found in the sharp expansion in emonetization. The move can't be positively seen as a simple pain-reliever. It has medium-term and long haul impacts also. This paper endeavors to comprehend demonetization comprehensively by thinking about its short, medium, and long haul impacts. Some measure of determining for the monetary year 2021-21 has been done to get a vibe of the drawn out repercussions of demonetization. E-monetization is viewed as the opposite side of demonetization. In spite of some momentary misfortunes, the arrangement in the long haul has shown a few positives.