Demonetization Blocked Economy

Demonetization has brought manny economic hurdles for the citizens of the counry in the way long time standing queues in the banks and ATM’S for depositing and taking of their hard earned money including the Problem of their daily expenditure on the goods and services which they simply cannot go with.

• Formation of  GDP affected with less consumption, production and the decreasing rate of the economic growth

• Low rate of Capital Formation

• Agriculture, small business,MSME's face the drastic change in their business

• Damaged the structure of the balance of payments of the country

• Short term Recession in sectors such as the infrastructure, real-estate, textile and handicrafts

•  Liquidity affected made the business suffer huge losses