Abstract
An attempt has been made to study the introduction of Demonetisation and the changes taken place in cashless economy. Demonetization is the act of stripping a currency unit of its status as legal tender. It is an attempt to lower the cash circulation and increase the digital payment in India. The effect of taking out of money in shorter duration will have its implications in various sectors. The sudden announcement of demonetisation has affected the purchasing power. This research paper is trying to analyse the impact of demonetisation on cash less economy.
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