Impact of Demonetization in India

On 8th November 2016, India prime minister Narendra Modi had declared the demonetization of 500 & 1000 rupees notes. After that historic sudden decision, the changes seen within Indian Territory, even beyond its boundaries...

  1. Maoists hit...
  2. No stone-pelting in J&K...
  3. Burning schools stopped in J&K...
  4. Corrupts are burning cash...
  5. Notes burnt by corrupts will reduce fiscal deficit as liability cancelled...
  6. Arhar dal crashes to Rs.80/-kg in UP...
  7. Kirana shops/Panwalas installing debit card machines...
  8. Municipalities making record recoveries of house tax...
  9. Bijli companies making huge record recoveries of past arrears...
  10. Medicine shops making big sales...
  11. Delhi Metro smart cards sales increase...
  12. Many businessmen recovering past dues as old as 4 years and getting advance for new orders...
  13. Huge opportunities for mobile wallets (Airtel Money, Vodafone mPesa, IRCTC wallet, Paytm etc)...
  14. Banks plush with funds. Rs.3 lakh crore banked in 4 days!!! Cost of funds reduced for banks...
  15. Labourers paid Dihadi for standing in queues...
  16. All property deals involving black money in jeopardy...
  17. Property prices come down by 25%...
  18. Democracy deepened. All castes/creeds standing in same queue...
  19. Fake currency rackets hit...
  20. Political parties spends in Punjab/UP hit...
  21. Missing JNU student Najeeb is suddenly Found & OROP is well...
  22. Rs. 2000 notes will cut currency printing costs for Govt...
  23. Drug peddlers in Punjab hit...
  24. IT raids un-erathing black money till now above 200 crores...
  25. Cops detecting /unearthing hug cash in nakabandi...
  26. Public not wasting time on faaltu test matches and watching faaltu bollywood movies. Facing the real life...
  27. Hawala has come to a stand-still...
  28. Betting, Satta, Juaa industry hit badly...
  29. Great precedent set-political leader takes hard decision benefiting nation not bothering about his political costs...
  30. People realise there can be a selfless politician...
  31. People willing to bear short-term pains for long-term gains...
  32. Demands in other countries (Pakistan/Australia) to emulate India's step. India again on way to regaining its Vishwaguru status...
  33. Message sent to the world that despite being a large diversified democracy, India can take tough decisions and same well-received by its people...

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