You are on page 1of 3

Social Transformations in India Project

Prepared by – Karan Sorathia

Roll No. – 1614089

Class – M.B.A. – 1

limited purchase irrespective of need. reduction in corruption & black money etc. The reason due to which this move is opposed is because of very poor execution by the government. The benefit that was recognized by the majority of students was that demonetization lead to the usage of digital transactions and as a result. As per the analysis it seems that political parties are supporting this cause for their own benefits which would lead to winning upcoming elections. also many found it difficult to get change for Rs. The one big change that demonetization will bring is reduction in corruption & black money. As per the analysis majority thinks that congress is the most corrupt party and the main reason is that many of their ministers are corrupt & involved in various scandals. The trouble that most of the students faced was that due to cash crunch they were unable to pay for the expenses. unavailability of cash in need. proper records of all the transactions will be maintained which inturn will lead to reduction of black money in the economy. As per the analysis of student’s data the one big change that demonetization will bring is growth in the digital transactions. blocking of terrorist activities & bring a transformation in nation’s economy while some think it as an epic mismanaged move by the government. this move was not properly executed etc. reduction in black money & a shift towards digital transactions. The benefit recognized by this class was that there would be reduction in the prices of certain commodities & there will be reduction in corruption & black money. . benefits in the long run. There is opposition of this move because of difficulties faced by people to fulfil their needs & also cash not at hand when needed. As per housewives opinion common people are supporting this move because there will be reduction in interest rates. The analysis makes it clear that the political parties support this move to support their own political agenda while many political parties are opposing this move for their political gains & also due to poor execution of this move. Housewife As per the analysis demonetization was meant to be a move that would bring change in transactions system. As per student’s opinion common people are supporting this move because of a hope for better future. ANALYSIS Student After the analysis it became clear that there are mixed opinions about meaning of demonetization as some think it was a step to improve. The analysis gives mixed opinion as to whether this move will lead to reduction in corruption of political parties. The analysis gives mixed opinion as to whether this move will lead to reduction in corruption of political parties. The troubles faced by many housewives was wastage of time due to cash crunch in the economy. One of the major trouble identified was that a lot of time & energy were wasted by standing in long queues. As per the analysis majority thinks that congress is the most corrupt party and the main reason is that many scams took place during their ruling period. There is opposing of this move by political parties because this would lead to reduction in their funding.2000 notes so this trouble was also there. exchange of old notes for new ones. a poorly implemented move etc. an unnecessary move & perception that no benefits in long run would be there.

Retired Person As per the analysis demonetization was meant to be a move that would increase troubles of people. a poorly implemented move etc. There is no clear cut answer as to which political party is most corrupt many think that all political parties are same because none works for the welfare of the nation. The analysis gives an idea that political parties support this move for their own political advantage while opposition by political parties is there because of lack of proper implementation of this move. exchange of old notes for new ones. The one big change that demonetization would bring is the growth in digital transactions. As per opinion of retired person this move will lead to reduction in corruption of political parties. As per the analysis congress comes out as the most corrupt party the reason being that most of corruption scams/scandals took place during their ruling period. . The opinion clears that only BJP is supporting this move as they want to bring a positive change in the nation while there is opposition of this move because the ruling parties manner of implementation is very poor & also there is doubt on their motive too. reduction in corruption & terrorist activities. As per opinion of retired person this move will not lead to reduction in corruption of political parties. There is a support by common people because there is a hope that this move would prosper benefits in the long run to the economy & there will be reduction in corruption while this move is also opposed by common people as there is very poor implementation & many feel that this move will not give expected results. As per the opinion of salaried employees one benefit experienced due to demonetization is increase in digital transactions while troubles faced are wasting time & efforts in queues to get our own hard-earned money. The one big change that demonetization would bring is the growth in digital transactions. The benefit recognized by some was that there will be reduction in black money while some thought there was no benefit at all. The trouble faced by many of them was the unavailability of cash during necessary time & also it was difficult for them to adapt with digital mode of payment. Salaried Employee According to the analysis done demonetization was meant to be a move that would be forward step towards digital transactions. There is a support by common people because there will be control over black money & terrorism while there is opposition by common people because of the unnecessary problems faced by them like they had to stand in queues for their own money.