after Demonetization Essay 5 (600 words) Introduction The news of demonetization was a big shocker for every Indian. 1000 will only curb black money that is in the form of physical/ hard cash. Given such a state, we cannot afford to wait for a better comprehensive solution. Conclusion, we have a pool of talented and creative youths who are hard working and ambitious. Introduction, indian economy has seen a major growth in the last few decades. Over the time people grew more accustomed to using plastic money. The merchandise exports and imports of India are growing at a good rate. The government is finding it hard to implement this policy.
Essay on, demonetization pdf India
India is mainly an agricultural economy. As per a recent survey, service sector is contributing to more than 50 of the countrys economy. Pharmaceutical industry, iron and steel industry, chemical industry, textile industry, automotive industry, timber industry, jute and paper industry are among some of the industries which have contributed a great deal in our economic growth. During the last year, India suffered from inflation due to the rise in the prices of food items. But this inconvenience shall be temporary and for short-term. However, there may be some difficulties for a couple of months. This point won the party the hearts of the commoners of the country and eventually, the party formed the government with a whopping majority in its favor. Demonetization stopped the flow of black money in the real estate sector to ensure a fair play. Distribution of the ownership of communitys material resources.