International Journal of Advanced Research and Development

International Journal of Advanced Research and Development


International Journal of Advanced Research and Development
International Journal of Advanced Research and Development
Vol. 2, Issue 5 (2017)

Demonitization effect on petty shop keeper’s


Florin Shelomith Soans

Demonitization on Petty Shop Keeper’s: Demonetization is the act of stripping a currency unit of its status as legal tender. It occurs whenever there is the change of national currency. The current form of money is pulled from circulation and retried, often to be replaced with the new notes and coins. Sometimes, a country completely replaces the old currency with new currency for the purpose of economic development. There are plenty of statistics showing just how importance it is to shop mall, usually a higher percentage of revenue created in a small, locally owned business will stay in a local economy, when compared to big-boss retailers revenue; small business tend to create more and better playing jobs, and the existence of a myriad local business and spur competition and innovation, meaning you are mean likely to find unique, high-quality items at reasonable prices. With this background the main objectives of the paper is as follows, Objectives To review the concept of demonetization.To analyse the impact of demonetization on petty shop vendors. Methodology: The paper will be analysed with the help of both Primary and Secondary data.PRIMARY DATA: Survey is conducted on petty shop vendors in the Mangalore city.SECONDARY DATA: e-source, journals, literatures available in form of articles in newspapers etc.
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How to cite this article:
Florin Shelomith Soans. Demonitization effect on petty shop keeper’s. International Journal of Advanced Research and Development, Volume 2, Issue 5, 2017, Pages 129-131
International Journal of Advanced Research and Development