21 Positives of Currency Demonetization in India

#Demonetisation

          Time is the ultimate Judge on the ups and downs of Demonetization in India.  I cannot judge on the merits and demerits of Demonetization.

          Every event has a Positive and Negative associated with it.

          This Article highlights the 21 Positives of Demonetization in India.  

Positive No 01:::: ---  Amid Cash Crunch, Sleepless Bank Employees Fulfil Government's Promises

Positive No 02:::: ---  Small Bank Accounts to be upgraded to Prime Minister Jan Dhan Accounts

Positive No 03:::: ---  The Barter economy is back in parts of country

Positive No 04:::: ---  Agricultural prices are in a stage of fluctuation    

      

Positive No 05:::: ---  The informal sector is slowly building up the broken pieces

Positive No 06:::: ---  These links show the varied reactions of folks on social media

Positive No 07:::: ---  Increased awareness of  CashLess modes

Positive No 08:::: ---  PM Narendra Modi thanks bank employees

Positive No 09:::: --- Cash logistics firms emerge as the hero in times of distress

Positive No 10:::: --- Jugaad Payment procedures  to stabilise the cash flows

Positive No 11:::: --- Wavier of Merchant Discount Rates

Positive No 12:::: ---  eWallets are gaining traction

Positive No 13:::: ---  Mixed fare for Donations 

Positive No 14:::: ---  Deployment of Hi-end technology to track evaders     

    

Positive No 15:::: ---  Innovative ways to dodge Demonetisation

Positive No 16:::: --- Demonetisation effects on ATMs – The new temples of India  

   

Positive No 17:::: --- MicroATMs being rolled out in large numbers    

Positive No 18:::: --- cash@PoS machines being popularised

Positive No 19:::: ---           Increase the number of visits to Psychiatrists

Positive No 20:::: ---           Loyalty on the increase

Positive No 21:::: ---           Emergence of Aadhar as a primary Identification document

In the coming days, this number will go up. Readers can mention the key words in the comments column.

Linkedin Articles

01)  Demonetisation - Why Queues for Exchanging Currency?? Published by Viswanathan NS - Group Chief Financial Officer - CARE Hospitals

02) Why 1978 demonetisation didn’t hurt India. Published by Abhilash Gaur - Writer, researcher and editor based in New Delhi, India.

03) DeMonetisation: Mr. Arvind Kejriwal, please keep quiet!. Published by Iran Bharat Saxena - CEO at DYONASIA

04) Demonetisation: Great Move, But…. Published by Adhil Shetty - CEO at BankBazaar.com

The copyright of the above articles rest with the respective authors. The articles were selected randomly.