Demonetization has helped in flashing out black money expanding tax base, converting non formal economy in to a formal one & it is a big blow to finance of terrorism. AIR correspondent talked to various people for their reactions on how the economy and the life of common man has improved after demonetisation. <br/> <br/>A year of demonetization of rupees 500 & 1000 currency notes the Government has made same clear gains Mr. Surykant Pathak, Executive Director Grahak Peth talks about momentum in Digital Commerce.<br/><br/>Digital Commerce has gain momentum, transparency in financial transaction has increased many folds, transaction through Banks have increased & revenue of Government in form of taxes collected to has also increased.<br/>Prof. Parag Shah Morden College Pune Speaks about Demonetarization.<br/>Demonetization was a significant step towards making India a cashless economy. It accelerate e-commerce. This brought drastic change in spending hobbit & lifestyle<br/>T.Y. B.Com Student Swapnil Walunje is benefited by DBT.Last year I got scholarship from Savitribai Phule Pune University under DBT scheme. This scholarship is useful for college fee, hostel fee & Study material.
News On AIR | November 8, 2017 8:28 AM
Demonetization helps flashing out black money