Demonetization, Digital India & Governance

Product Descriptionthe International Monetary Fund (Imf) Has Hailed India As A Bright Spot Amidst A Slowing Global Economy. The Indian Economy Has The Potential To Achieve A Double-Digit Growth Rate But, In Spite Of This, A Host Of Problems Confront It. These Problems Include: Black Money; Corruption; Money Laundering; Counterfeit Currency; Tax Evasion; And Terrorist Financing. The New Government, Which Took Charge May 2014 Under The Leadership Of Prime Minister Shri Narendra Modi, Had A Vision To Make India A Modern And Vibrant Economy. Policies And Programs To Rejuvenate The Economy Were Announced In This Regard And, Due To This, The Government Of India Decided To Withdraw The Legal Tender Character Of Rs. 500 And Rs. 1000 Banknotes Of The Mahatma Gandhi Series On November 8, 2016. These Demonetized Bank Notes Accounted For 86 Percent Of The CountryS Cash Supply. One Major Objective Of The Demonetization Exercise Is To Encourage Cashless/Electronic Transactions In The Economy. The Government Of India Made The Policy Decision To Encourage Electronic Transactions And Has, In This Regard, Announced A Number Of Incentives. The Use Of Digital Technology To Improve Governance Cannot Be Over-Emphasized. Digital Technology Has Become The Greatest Agent Of Change And Promises To Play A Role Even More Dramatically In Future. Technology, Competition, And Benchmarking To The Best International Practices Have To Be The Driving Force Of IndiaS Development Efforts, And IndiaS Demonetization Exercise Needs To Be Seen In This Perspective. *** Investigates The Demonetization Of High Denomination Currency In India In 2016 In The Context Of The CountryS Efforts To Reduce Corruption, Money Laundering, And Counterfeiting And Increase The CountryS Ability To Compete, Taking Advantage Of Digital Technology And Meeting Economic Benchmarks.... Sahoo Is Associate Professor In The Department Of Rural Management At The Xavier Institute Of Social Service. Lohana Is Ugc-Dr. Radhakrishnan Postdoctoral Fellow In Humanities And Social Sciences With The School Of Commerce And Management Sciences At Swami Ramanand Teerth Marathwada University. Bibliography; Index. --Journal Of Economic Literature, Vol. 55, No. 4, December 2017 [Subject: South Asian Studies, Economics]About The Authordr. Niranjan Sahoo Is Professor Of Disaster Management, At Xavier Institute Of Social Service (Xiss), Ranchi. He Is Also Advisor, National Productivity Council, Ministry Of Industry And Commerce, Government Of India. Born In Odisha, He Is Academically Specialized In Rural Management Domain In General And Disaster Management In Particular. In His 20-Years Of Job Experience, He Initially Got A Campus Placement Offer While Studying At Visva-Bharati University, Santiniketan By A Germany-Based Funding Agency (Eze, Bonn) Located In Calcutta. He Was Felicitated With Visva-Bharati Snatakattor Upadhi In 1997 At Santiniketan By The Then Prime Minister Of India Shri I.K. Gujral. He Got His Ph.D. Degree From Magadh University, Bodhgaya, India. Professor Sahoo Received International Intellectual Award 2010 In An International Conference On Indo-Thai Friendship Summit And Economic Growth Held In Bangkok, Thailand On December 30, 2010 For Outstanding Rural Development Teachings.. He Has To His Credit 15 Research Publications In National And International Journals. Besides, He Has Authored Three Books, The Recent One Being Annotated By Journal Of Economic Literature Of Economic Association Of America And Reviewed By The Prime Minister Of India. Being A Community Member To The Unsdrr, He Was Part Of The United Nations Delegation To Its Global Platform Held In Mexico (2017), Ulaan Baatar (2018) And In Geneva (2019) Along With The Home Minister Of India.Dr Sarika R Lohana Is Ugc-Dr. Radhakrishnan Post-Doctoral Fellow In Humanities And Social Sciences, School Of Commerce And Management Sciences, Swami Ramanand Teerth Marathwada (Srtm) University, Nanded. She Received Her M.Com. From