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Demonetization, Digital India & Governance: (English)

Demonetization, Digital India & Governance: (English)

          
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About the Book

The International Monetary Fund has hailed India as a bright spot amidst a slowing global economy. Indian economy has the potential to achieve double-digit growth rate. In spite of being a bright spot on the world map, a host of problems confront India which caste shadow on its governance credentials. These so-called black spots include: (a) black money, (b) corruption, (c) money laundering, (d) counterfeit currency, (e) tax evasion and (f) terrorist financing. The new Government at the Centre, which took charge in May 2014, under the dynamic leadership of Prime Minister Shri Narendra Modi has a vision to make India a modern and vibrant economy. Policies and programmes to rejuvenate the economy have already been announced in this regard. It was in the above context that the Government of India decided to withdraw the legal tender character of 500 and 1,000 banknotes of the Mahatma Gandhi Series from the midnight of 8 November 2016. The announcement was made by no less a person than the Prime Minister himself in an unscheduled live televised address to the nation on the evening of 8 November 2016. The demonetised bank notes accounted for 86 percent of the countrys cash supply. The use of digital technology -- worlds fastest growing economic activity -- to improve governance cannot be over-emphasised. Digital technology has become the greatest agent of change and promises to play this role even more dramatically in future. One major objective of the demonetisation exercise is to encourage cashless/electronic transactions in the economy. The Government of India has taken policy decision to encourage electronic transactions and has announced a number of incentives. Technology, competition, and benchmarking to the best international practices have to be the driving force of Indias development efforts. Demonetisation exercise needs to be seen in this perspective.

Table of Contents:
Demonetization of High Denomination Currency Notes in India; The Menace of Black Money in India; Institutional & Legislative Measures to Curb Black Money; Economics of Digitization & Digital India (DI): Vision 2019; Governance with Digital Tools; Internet Banking & Mobile Banking; Digitization of Stock Exchanges; Digital Payment Systems; Electronic Money (E-money) & Electronic Commerce (E-commerce); Digital Technology for Pradhan Mantri Jan-Dhan Yojana (PMJDY), 2014; Digital Services in Agriculture & Rural Development; Indias Cyber Security Policy; Bibliography; Index.


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Product Details
  • ISBN-13: 9788177084412
  • Publisher: New Century Publications
  • Publisher Imprint: New Century Publications
  • Height: 230 mm
  • No of Pages: 236
  • Series Title: English
  • Weight: 498 gr
  • ISBN-10: 8177084410
  • Publisher Date: 01 Mar 2017
  • Binding: Hardback
  • Language: English
  • Returnable: N
  • Spine Width: 22 mm
  • Width: 145 mm


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