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Home Politics Positives of Demonetization Showing Up?

Positives of Demonetization Showing Up?

Positives of Demonetization Showing Up?We do not know the amount of Black Money that is weeded out from the system post Demonetization. But then, there are some visible benefits. According to government numbers, there has been a 20 per cent decline in cumulative cash holding by companies and individuals post demonetization.

Further, the number of taxpayers has increased 45 percent. On the other side, RBI is yet to finalize the quantum of money that has not come into the system after Demonetization Window has closed which will reveal the actual success.

In a historic decision on November 8th, Prime Minister Narendra Modi flushed the then 500 and 1,000 rupee notes, which accounted for 86 percent of the total currency in circulation. Economists believe that a majority of that is back in banks indicating that Demonetization did not work.Nagarjuna Akkineni Behind Sumanth DivorceDon’t MissNagarjuna Behind Akkineni Hero’s Divorce?Whenever Sumanth comes out to give interviews or for media interactions, one question on his…Ram-Charan--Laziest-Star-Hero-of-2017-in-TeluguDon’t MissLaziest Star Hero of 2017 in TeluguDon’t go by the literal meaning of the title rather think about the one-star hero…US-BO-It-Nani-MCA-Vs.-Vikram-Kumar-Hello-MovieDon’t MissUS BO: It’s Nani Vs Vikram KumarWhile Akhil may prove to be a factor in the Telugu states due to the…Pawan Kalyan - MLA RojaDon’t MissPawan Kalyan’s 400 Cr Package with TDP!Roja has become the official spokesperson of YSRCP who seems to be the first one…MLA roja on Pawan Kalyan Gundu ControversyDon’t Missపవన్ కళ్యాణ్ కి గుండు కొట్టించింది నిజమే – రోజాబండ్ల గణేష్ తో ఇటీవలే జరిగిన వివాదం వాళ్ళ కావొచ్చు మరొకటి కావొచ్చు, వైకాపా ఎమ్మెల్యే రోజా పూర్తిగా పవన్…


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