Pub Date : 2023-01-01DOI: 10.46609/ijsser.2023.v08i06.003
Khushi Jain
This research paper examines the profound impact of addiction on the economy of India over the past decade. Addiction, in the form of substance abuse and behavioral addictions, has become a significant societal challenge with far-reaching consequences. The study aims to analyze the economic implications of addiction in India, taking into account its effect on healthcare costs, productivity, employment, crime rates, and social welfare expenditures. By employing a comprehensive review of existing literature, statistical data, and case studies, the research assesses the direct and indirect costs associated with addiction and provides insights into its macroeconomic ramifications. The findings highlight the alarming economic burden posed by addiction, emphasizing the need for effective prevention, intervention, and rehabilitation strategies. Understanding the economic dimensions of addiction can inform policymakers, healthcare professionals, and stakeholders in devising evidence-based policies and interventions to mitigate the adverse effects of addiction on the Indian economy and promote overall societal well-being. There is a need for more study because the evidence from Internet-based therapies, governmental efforts, and incentives is inconsistent. With the help of standardized intervention and outcome measurements, future research should concentrate on assessing the efficacy of certain intervention components. Adolescent drug addiction outcomes may be improved by a number of delivery methods, including digital platforms and legislative initiatives; however, they need more study.
{"title":"ANALYZING HOW ADDICTION HAS IMPACTED THE ECONOMY OF INDIA IN THE LAST 10 YEARS","authors":"Khushi Jain","doi":"10.46609/ijsser.2023.v08i06.003","DOIUrl":"https://doi.org/10.46609/ijsser.2023.v08i06.003","url":null,"abstract":"This research paper examines the profound impact of addiction on the economy of India over the past decade. Addiction, in the form of substance abuse and behavioral addictions, has become a significant societal challenge with far-reaching consequences. The study aims to analyze the economic implications of addiction in India, taking into account its effect on healthcare costs, productivity, employment, crime rates, and social welfare expenditures. By employing a comprehensive review of existing literature, statistical data, and case studies, the research assesses the direct and indirect costs associated with addiction and provides insights into its macroeconomic ramifications. The findings highlight the alarming economic burden posed by addiction, emphasizing the need for effective prevention, intervention, and rehabilitation strategies. Understanding the economic dimensions of addiction can inform policymakers, healthcare professionals, and stakeholders in devising evidence-based policies and interventions to mitigate the adverse effects of addiction on the Indian economy and promote overall societal well-being. There is a need for more study because the evidence from Internet-based therapies, governmental efforts, and incentives is inconsistent. With the help of standardized intervention and outcome measurements, future research should concentrate on assessing the efficacy of certain intervention components. Adolescent drug addiction outcomes may be improved by a number of delivery methods, including digital platforms and legislative initiatives; however, they need more study.","PeriodicalId":500023,"journal":{"name":"International journal of social science and economic research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135649127","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.46609/ijsser.2023.v08i08.006
Pratik Kumar
The character of Kṛṣṇa has many layers to explore and interpret. Almost anywhere in India, Kṛṣṇa has left his imprint. For many of us, Kṛṣṇa is not a god, but god in disguise of human, performing different roles and rituals. He holds numerous epithets such as the splendid king reigning over the kingdom of Dvārakā a statesman and diplomat in the struggle between the Pāṇdava and Kaurava, an orator who sang immortal Bhagavad Gītā, a lover boy surrounded by gopīs, a cowherd boy performing various kind of rās līlās, a butter theft and many more epithets. This article seeks to explore how Kṛṣṇa has been portrayed in the early literature.
Kṛṣṇa的性格有很多层次需要探索和诠释。在印度几乎任何地方，Kṛṣṇa都留下了他的印记。对于我们很多人来说，Kṛṣṇa并不是神，而是人的神，扮演着不同的角色和仪式。他拥有许多称号，如统治Dvārakā王国的辉煌国王，Pāṇdava和Kaurava之间斗争的政治家和外交家，唱着不朽的Bhagavad g tā的演说家，被gop s包围的情人男孩，表演各种rās līlās的牧童，黄油小偷以及更多的称号。本文旨在探讨Kṛṣṇa在早期文献中是如何被描绘出来的。
{"title":"TEXT, CONTEXT, AND INTERPRETATION: THE QUESTION OF KRSNA'S IDENTITY","authors":"Pratik Kumar","doi":"10.46609/ijsser.2023.v08i08.006","DOIUrl":"https://doi.org/10.46609/ijsser.2023.v08i08.006","url":null,"abstract":"The character of Kṛṣṇa has many layers to explore and interpret. Almost anywhere in India, Kṛṣṇa has left his imprint. For many of us, Kṛṣṇa is not a god, but god in disguise of human, performing different roles and rituals. He holds numerous epithets such as the splendid king reigning over the kingdom of Dvārakā a statesman and diplomat in the struggle between the Pāṇdava and Kaurava, an orator who sang immortal Bhagavad Gītā, a lover boy surrounded by gopīs, a cowherd boy performing various kind of rās līlās, a butter theft and many more epithets. This article seeks to explore how Kṛṣṇa has been portrayed in the early literature.","PeriodicalId":500023,"journal":{"name":"International journal of social science and economic research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135783356","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.46609/ijsser.2023.v08i06.011
Manya Bahl
Household financial decision-making refers to making decisions about household wealth accumulation. The present study focuses on the financial decision-making among urban working women in India and Singapore in their households to understand what factors impact the power women have to make decisions in their households. To conduct this research, a survey was sent out to 37 women from an upper socio-economic background. 18 of these women reside in India, while 19 reside in Singapore. The survey included multiple questions, covering multiple types of potential financial decisions in a household, and included a Likert scale (1-5) to measure, in numerical values, the power each gender held in the decision-making. The results revealed that if education levels were equal in a household, both genders would have an equal say in the financial decisions that are made. Additionally, they explained that women in the workforce have more of a role in financial decision-making in their households, compared to women who are homemakers. The results also showed millennial women tend to give more responsibility to their husbands, compared to other age groups for decision-making, Lastly, it also highlighted that stereotypical gender-based role in financial decision-making in households still exists to date. Although Singapore seems to have more gender equality in financial decision-making in households than in India, there is still a need to enhance women’s agency and role in both countries for this specific context.
{"title":"A COMPARATIVE STUDY TO ASSESS THE FINANCIAL DECISIONMAKING AMONG WORKING WOMEN IN INDIA AND SINGAPORE","authors":"Manya Bahl","doi":"10.46609/ijsser.2023.v08i06.011","DOIUrl":"https://doi.org/10.46609/ijsser.2023.v08i06.011","url":null,"abstract":"Household financial decision-making refers to making decisions about household wealth accumulation. The present study focuses on the financial decision-making among urban working women in India and Singapore in their households to understand what factors impact the power women have to make decisions in their households. To conduct this research, a survey was sent out to 37 women from an upper socio-economic background. 18 of these women reside in India, while 19 reside in Singapore. The survey included multiple questions, covering multiple types of potential financial decisions in a household, and included a Likert scale (1-5) to measure, in numerical values, the power each gender held in the decision-making. The results revealed that if education levels were equal in a household, both genders would have an equal say in the financial decisions that are made. Additionally, they explained that women in the workforce have more of a role in financial decision-making in their households, compared to women who are homemakers. The results also showed millennial women tend to give more responsibility to their husbands, compared to other age groups for decision-making, Lastly, it also highlighted that stereotypical gender-based role in financial decision-making in households still exists to date. Although Singapore seems to have more gender equality in financial decision-making in households than in India, there is still a need to enhance women’s agency and role in both countries for this specific context.","PeriodicalId":500023,"journal":{"name":"International journal of social science and economic research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135649350","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.46609/ijsser.2023.v08i06.010
Khushi Jain
This case paper aims to analyze and understand the factors influencing consumer choices between competing brands across different product categories. The paper examines the brand choices made by consumers in specific pairs of brands, such as Maggi vs. Top Ramen, Tata Tea vs. Red Label, Dove vs. Pears, and so on. It explores the preferences of consumers and the underlying factors that contribute to their decision-making process. The paper discusses the role of choice models and consumer behavior theories in understanding brand preferences and offers insights into marketing strategies that can influence consumer choices.
{"title":"CONSUMER DECISION-MAKING: A COMPARATIVE ANALYSIS OF BRAND CHOICES","authors":"Khushi Jain","doi":"10.46609/ijsser.2023.v08i06.010","DOIUrl":"https://doi.org/10.46609/ijsser.2023.v08i06.010","url":null,"abstract":"This case paper aims to analyze and understand the factors influencing consumer choices between competing brands across different product categories. The paper examines the brand choices made by consumers in specific pairs of brands, such as Maggi vs. Top Ramen, Tata Tea vs. Red Label, Dove vs. Pears, and so on. It explores the preferences of consumers and the underlying factors that contribute to their decision-making process. The paper discusses the role of choice models and consumer behavior theories in understanding brand preferences and offers insights into marketing strategies that can influence consumer choices.","PeriodicalId":500023,"journal":{"name":"International journal of social science and economic research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135650291","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.46609/ijsser.2023.v08i06.014
Rohan Chugh
This paper studies the growing influence of artificial intelligence (AI) on the global economy. AI is a simulation of human intelligence by machines that has emerged as a solution to the technological shortcomings of different sectors of the economy. AI subfields, including machine learning, computer vision, and knowledge-based systems, are essential to improve the performance, capability, efficiency, and reliability of these sectors. In recent months, there has been a significant upsurge in the adoption of AI, particularly due to the availability of AI software like ChatGPT and Bard. While the current developments of AI are already quite profound, significant advancements are yet to come. This research paper proposes that AI will gradually become the dominant force driving human activities, transforming human life into a virtual world. This AI takeover will influence all aspects of life and business, from sources of income to modes of entertainment, transportation, and communication. This research paper aims to provide a comprehensive account of how AI currently affects and may affect the global economy. It explores the diverse sectors impacted by AI, including manufacturing, healthcare, and finance, along with the labour market and the changes AI brings to employment opportunities and skill development. This study also discusses the challenges and ethical concerns that may come up with the upsurge of AI.
{"title":"IMPACT OF ARTIFICIAL INTELLIGENCE ON THE GLOBAL ECONOMY : ANALYSIS OF EFFECTS AND CONSEQUENCES","authors":"Rohan Chugh","doi":"10.46609/ijsser.2023.v08i06.014","DOIUrl":"https://doi.org/10.46609/ijsser.2023.v08i06.014","url":null,"abstract":"This paper studies the growing influence of artificial intelligence (AI) on the global economy. AI is a simulation of human intelligence by machines that has emerged as a solution to the technological shortcomings of different sectors of the economy. AI subfields, including machine learning, computer vision, and knowledge-based systems, are essential to improve the performance, capability, efficiency, and reliability of these sectors. In recent months, there has been a significant upsurge in the adoption of AI, particularly due to the availability of AI software like ChatGPT and Bard. While the current developments of AI are already quite profound, significant advancements are yet to come. This research paper proposes that AI will gradually become the dominant force driving human activities, transforming human life into a virtual world. This AI takeover will influence all aspects of life and business, from sources of income to modes of entertainment, transportation, and communication. This research paper aims to provide a comprehensive account of how AI currently affects and may affect the global economy. It explores the diverse sectors impacted by AI, including manufacturing, healthcare, and finance, along with the labour market and the changes AI brings to employment opportunities and skill development. This study also discusses the challenges and ethical concerns that may come up with the upsurge of AI.","PeriodicalId":500023,"journal":{"name":"International journal of social science and economic research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135649650","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.46609/ijsser.2023.v08i06.027
Seher Nithyanand
{"title":"A POTHOLED RACE TO NET ZERO","authors":"Seher Nithyanand","doi":"10.46609/ijsser.2023.v08i06.027","DOIUrl":"https://doi.org/10.46609/ijsser.2023.v08i06.027","url":null,"abstract":"","PeriodicalId":500023,"journal":{"name":"International journal of social science and economic research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135651060","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.46609/ijsser.2023.v08i07.017
Jayant Mansharamani, Pathways World School Gurgaon
The rapid growth of India's startup ecosystem has garnered significant attention both domestically and internationally. This research paper aims to conduct an in-depth case analysis of Indian startups, exploring their financial trends and uncovering the underlying factors contributing to their success or failure. By examining key startups across various industries, this study seeks to provide valuable insights into the intricacies of the Indian startup landscape and shed light on the emerging trends that shape their financial performance
{"title":"CASE ANALYSIS OF INDIAN STARTUPS AND THE FINANCIAL TRENDS","authors":"Jayant Mansharamani, Pathways World School Gurgaon","doi":"10.46609/ijsser.2023.v08i07.017","DOIUrl":"https://doi.org/10.46609/ijsser.2023.v08i07.017","url":null,"abstract":"The rapid growth of India's startup ecosystem has garnered significant attention both domestically and internationally. This research paper aims to conduct an in-depth case analysis of Indian startups, exploring their financial trends and uncovering the underlying factors contributing to their success or failure. By examining key startups across various industries, this study seeks to provide valuable insights into the intricacies of the Indian startup landscape and shed light on the emerging trends that shape their financial performance","PeriodicalId":500023,"journal":{"name":"International journal of social science and economic research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135843112","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.46609/ijsser.2023.v08i07.019
Christian Lee
This paper explores the unprecedented market inflation experienced in the United States following the Covid-induced recession in 2020. The surge in market values, with the NASDAQ and S&P increasing by 136% and 103% respectively from March 2020 to December 2021, created opportunities for previously unknown penny stocks to rise dramatically in value. This surge also led to the emergence of "gurus" and personalities in the social media market, attracting new and inexperienced investors. While these gurus appeared knowledgeable and successful due to their timely entry into the market and the overall bullish sentiment, their success was largely fueled by the market's euphoria rather than accurate predictions of undervalued stocks. Companies like Open door, Lemonade, Tilray, Peloton, and Tesla experienced significant value declines after the market sentiment shifted to fear, panic, and doubt in the summer of 2021, accompanied by increasing inflation, tightening interest rates, and geopolitical turmoil. The downfall of these influencers revealed the fallacy in their valuation models and predictions, as investors realized that their reasons for stock increases were not based on actual market drivers. However, it is important to note that these influencers were driven by naivete rather than ill-intent or malevolence. Their impact on the investing community was significant, fueling retail participation and bringing about unprecedented moments in the market. The subsequent bear market in 2022 served as a valuable lesson for many investors, emphasizing the importance of self-belief, due diligence, and the influence of fear, uncertainty, and doubt (FUD) on rational thinking and valuations.
{"title":"ANALYZING THE IMPACT OF ONLINE INTERNET INFLUENCERS AND SOCIAL SENTIMENT IN THE 2020-2021 US STOCK MARKET","authors":"Christian Lee","doi":"10.46609/ijsser.2023.v08i07.019","DOIUrl":"https://doi.org/10.46609/ijsser.2023.v08i07.019","url":null,"abstract":"This paper explores the unprecedented market inflation experienced in the United States following the Covid-induced recession in 2020. The surge in market values, with the NASDAQ and S&P increasing by 136% and 103% respectively from March 2020 to December 2021, created opportunities for previously unknown penny stocks to rise dramatically in value. This surge also led to the emergence of \"gurus\" and personalities in the social media market, attracting new and inexperienced investors. While these gurus appeared knowledgeable and successful due to their timely entry into the market and the overall bullish sentiment, their success was largely fueled by the market's euphoria rather than accurate predictions of undervalued stocks. Companies like Open door, Lemonade, Tilray, Peloton, and Tesla experienced significant value declines after the market sentiment shifted to fear, panic, and doubt in the summer of 2021, accompanied by increasing inflation, tightening interest rates, and geopolitical turmoil. The downfall of these influencers revealed the fallacy in their valuation models and predictions, as investors realized that their reasons for stock increases were not based on actual market drivers. However, it is important to note that these influencers were driven by naivete rather than ill-intent or malevolence. Their impact on the investing community was significant, fueling retail participation and bringing about unprecedented moments in the market. The subsequent bear market in 2022 served as a valuable lesson for many investors, emphasizing the importance of self-belief, due diligence, and the influence of fear, uncertainty, and doubt (FUD) on rational thinking and valuations.","PeriodicalId":500023,"journal":{"name":"International journal of social science and economic research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135843424","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.46609/ijsser.2023.v08i07.022
TOYI Oscar
Burundi has been a theater of poverty and civil war that occurred to most children’s and youth’s rights violations. However, they thrive to have their right to association. We used documentary techniques combined with paying visits to identified places to collect data. We used deductive analysis of data while referencing with Zotero software. Results reveal that youth in Bujumbura live in poverty. They work for most of them in domestic work as “ababoyi” for boys and as “abayaya” for girls. Some who have finished their studies, especially those with Bachelor’s degrees are working as ‘Ecokash’ or ‘Lumicash’ money and airtime transferring. They are also a portion of youth living along the streets in Bujumbura, a very dangerous life. Even though these cited cases are signs of hardship in youth life in Bujumbura, they still try to perform their associative life with the help of ‘Centre JeuneKamenge’, paying visits to one another, taking part in cultural games, cultural clubs, or the inclusion in a new dynamic and the National youth council even though viewed by some as though it is divisionist.
{"title":"THE INDIVIDUATION PROCESS AND SOCIABILITY AMONG YOUNG PEOPLE IN THE CITY OF BUJUMBURA","authors":"TOYI Oscar","doi":"10.46609/ijsser.2023.v08i07.022","DOIUrl":"https://doi.org/10.46609/ijsser.2023.v08i07.022","url":null,"abstract":"Burundi has been a theater of poverty and civil war that occurred to most children’s and youth’s rights violations. However, they thrive to have their right to association. We used documentary techniques combined with paying visits to identified places to collect data. We used deductive analysis of data while referencing with Zotero software. Results reveal that youth in Bujumbura live in poverty. They work for most of them in domestic work as “ababoyi” for boys and as “abayaya” for girls. Some who have finished their studies, especially those with Bachelor’s degrees are working as ‘Ecokash’ or ‘Lumicash’ money and airtime transferring. They are also a portion of youth living along the streets in Bujumbura, a very dangerous life. Even though these cited cases are signs of hardship in youth life in Bujumbura, they still try to perform their associative life with the help of ‘Centre JeuneKamenge’, paying visits to one another, taking part in cultural games, cultural clubs, or the inclusion in a new dynamic and the National youth council even though viewed by some as though it is divisionist.","PeriodicalId":500023,"journal":{"name":"International journal of social science and economic research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135843771","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.46609/ijsser.2023.v08i07.024
Aanya Rastogi
Demonetisation by and large when used as a policy tool to unearth black money, stop terror funding and control inflation have been only partially successful. The demonetisation of 2016 led to more hardship and pain than fulfilment of the reasons stated above. This was because the Indian economy is largely an informal unorganised sector where most of the daily wage earners are paid in cash. The demonetisation of 2023 has been better handled as there is enough time for exchange of ₹2000 notes, and the RBI had stopped printing these notes sometime ago.
{"title":"RECENT WITHDRAWAL OF RS 2000/ NOTES BY THE GOVERNMENT OF INDIA: A CRITICAL AND CONTRASTING STUDY WITH THE EARLIER DEMONETISATION OF 2016","authors":"Aanya Rastogi","doi":"10.46609/ijsser.2023.v08i07.024","DOIUrl":"https://doi.org/10.46609/ijsser.2023.v08i07.024","url":null,"abstract":"Demonetisation by and large when used as a policy tool to unearth black money, stop terror funding and control inflation have been only partially successful. The demonetisation of 2016 led to more hardship and pain than fulfilment of the reasons stated above. This was because the Indian economy is largely an informal unorganised sector where most of the daily wage earners are paid in cash. The demonetisation of 2023 has been better handled as there is enough time for exchange of ₹2000 notes, and the RBI had stopped printing these notes sometime ago.","PeriodicalId":500023,"journal":{"name":"International journal of social science and economic research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135843772","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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