GROUP 1

01- Priyanka Agarwal11- Fahad Dossani21- Anand Jaisingh31- Naveen Pandey41- Bhagyashree Shah51- Komal Vasoya

9/11 MODI ATTACK-IMPACT ON INDIAN ECONOMY

DEMONETISATION

• Ending something as no longer the legal tender of a country.

• The demonetisation of ₹500 and ₹1000 banknotes was a step taken by the Government of India on 8 November 2016.

REACTIONS• Arundhati Bhattacharya, Chanda Kochhar,

Deepak Parekh appreciated the move.• 10 opposition parties today decided to take

on the government unitedly, both inside and outside Parliament.

REASONS FOR DEMONETISATION

• To tackle black money in the economy. • To lower the cash circulation• To eliminate fake currency • To eliminate dodgy funds

IMPACT ON INDIAN ECONOMY• Effect on Parallel Economy• Effect on Money Supply • Effect on Banks

• Effect on Demand• Effect on Prices• Effect on Online Transactions and

alternative modes of payment.

CONCLUSION• Demonetisation: A great move weakened

by bad execution.• India is becoming more digitalized.• In spite of the initial hiccups and

disruptions in the system, eventually it will be well assimilated and will prove positive in the long run.

WHAT ARE YOUR OPINIONS?

ANY QUESTIONS?

THANK YOU