Five years of Demonetisation in India - Impact of note ban on Economy explained | UPSC Economy
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5 years ago (news anchor) :- 2000 k note me chip lagi hai jo satellite 🛰 se connect hai🤓🤓
I am doing 90 % digital payment. Previously it is roughly 25%.
@dilsere1775
2 жыл бұрын
Me too
@VivekSingh-ts1ec
2 жыл бұрын
Same
@dr.a.m.5630
2 жыл бұрын
Technology is required fr digital payments not Demonetization.
@kamrocksingh7599
2 жыл бұрын
Return kitnee bhartey ho
Aaj rat 12 baje se..... Epic dialogue 😅
5 saal ho gaye😲😲😱😱
@execute2626
2 жыл бұрын
Good morning...
@itstudent690
2 жыл бұрын
Yes bro
@sggamingzone4284
2 жыл бұрын
im getting old👴
@GauravSingh0031
2 жыл бұрын
Excellent work
@DeepakSahu-zi3ty
2 жыл бұрын
Waise bhi 2 sal to Ghar baithe Nikal gaye
Yesterday , at petrol pump, I tried to use Phone Pe but BOI was unavailable, so i couldn't use UPI and used cash instead, due to such situation many people still carry cash 💵
@shubhambhor9317
2 жыл бұрын
keep good private bank like kotak or HDFC, these boi n all are not reliable enough
@pranaysarkar1789
2 жыл бұрын
Card se Payment Kar sakte the
@dilsere1775
2 жыл бұрын
I used to face the same trouble earlier sometimes and to overcome it I began to keep some amount in my phonepe/ paytm wallet, say 2000 or 5000. Wallet transactions never fail my friend but the only demerit is that you can transfer money to the same company's account
@CARaviShankar-bf4in
2 жыл бұрын
BOI ka alag se problem chalta hai, i am a user too.
@anuragshukla5494
2 жыл бұрын
Change to sbi or any private bank.
Demonetization --- Use of UPI 😍😍😍
@bigboss-cg5es
2 жыл бұрын
Lmao. Dude your profile pic 🤣🤣.
@yeaznobi3200
2 жыл бұрын
Cash use at it's high, plus all time high dizital payment... Circulation of money 💸 as paper plus on air, means inflation at it's high..
@raziquekhan7186
2 жыл бұрын
Aree bhai profile 🤣🤣🤣
@swarajgupta8646
2 жыл бұрын
Bro covid k samae badha hain upi
@aaronkohlhoff
2 жыл бұрын
@@swarajgupta8646 no first in 2016
5 saal pehle mujhe yaad hai mere tauji ko heart attack aaya tha ... tab mei bhot chota tha just 10 years ... aj pta chala kyu aaya tha
Sir!!! Please make video on increase in salaries of MLA's, MP's... Because you are the person who can explain it properly... 🤓🤓
@anterjami
2 жыл бұрын
Right
Sir a big question , where are all the 2000 currency notes??
@Blackbook663
2 жыл бұрын
Ab 2000 ke notes print hona band ho Chuka hai
@jishnum851
2 жыл бұрын
RBI is printing 2000 rs notes very less
@Yashkumar-vi5qf
2 жыл бұрын
People deposited money (2000 notes) in banks --> banks took money to RBI (since all banks have an account in RBI) --> other people withdrew money from banks --> bank gave money in 500 currency notes --> effects: 2000rs notes got reduced from circulation
@kararajawabmilega5356
2 жыл бұрын
Back in RBI bro... 2000 ko introduce kiya tha..taki logo ko jayda problem na ho ... Kam se kam time me jayda note chhapa jaye ..taki log ..paisa withdraw kr paye...
@mukeshmehta9182
2 жыл бұрын
Maths pr thoda kaam Krna padega aapko bhai, 500 k note jyada print kiya RBI ne to automatically, 2000 ki note ki % value kam ho gai.
Demonization is a total disaster accept that .. Indians should increase the usage of digital mode payments .
answer : A). behind 50 rs not there is picture of Hampi.
Sir : Indian government cash dump kar rahi hai market me that's why GDP me cash all time high hai first bcoz $ ke samne ₹ ki value km rakhne ke liye or second sale & market activity badhane ke liye ,,
@tsnpr08
2 жыл бұрын
You are spot on.
Cash in circulation increased(record High) + Digital transaction increased(record High) ... why do many people want to see the first aspect only and ignore the second one
@nisha5505
2 жыл бұрын
Digital transaction costs many hidden charges and with the way regulation is taking every other month even I don't understand where the hell banks are deducting the money for
We can't just say digital payment increased only due to demonetization, but it also increased due internet penetration..
This is simple mathematics. Last year GDP was negative.Hence GDP of India Reduced because of Redduction in GDP ,%of Cash increased.
@sayyadzubaid4678
2 жыл бұрын
Can you elaborate
@TheAbimon
2 жыл бұрын
Professor from whatsapp University, Mathematics Dept.
@yeaznobi3200
2 жыл бұрын
Note circulation increased= value of notes decreasing Means you'll get less amount of goods with the same note bcz of it's high availability.. Simply means inflation.. Mehngayi 🔥🔥🔥🔥🔥
5 years ho gaya ... Itni jaldi time bith gaya
₹2000 note was worse disester then demonstration. It made that time more worse. People got 1 note from atm so they needed change of 2000, which increased scarcity of lower denomination currencies.
Demonstration worked as katalyst for Digital payment.
@user-lm8zd9kd1w
2 жыл бұрын
Catalyst*
@pragyasilborgohain7438
2 жыл бұрын
Demonitization ke bina vi digital payment ho sakta tha
@Crazy_J17
2 жыл бұрын
Pandemic acted as catalyst for digital payment
@vju7709
2 жыл бұрын
Digital payment badhane ke liye aur bahut sare tareeke the
Since last 5years day by day l am increasing my digital transection. It's really helpful and save my lots of time with out harassment. I think UPI is a best method for digital transection
Black money to temporarily pause hua but baad me to fir se wohi situation aa gaya. Impact to pada blacn money me but not up to the expectation
Nano GPS chip wala note kisi ko mila ki nahi??? 😎🤣
I have gone completely digital from past 3 to 4 years. All my debit cards got auto locked because of non using and I use only cc. I use cash only for small grocery stores etc.
Sir mai UPI bahot use karta hun but jub Mai government bus mai travel karu ya village area mai travel karta hun tab muje network aur lack of availability ki vaje se uska use karna nahi milta aur case rakhna padta hai.
@Jivaa
2 жыл бұрын
Yes, network availability it still a major but underrated issue in use of UPI ...
Sir woh 2000rs note mai Chip ka kya mamla hai.
@jishnum851
2 жыл бұрын
Are vo conspiracy theories ta 😂😂😂
@vinayshukla1594
2 жыл бұрын
😂
@rghuvnshijaykar5116
2 жыл бұрын
😂😂😂😂😂
@sathya2801
2 жыл бұрын
Next upgrade me milega 😂
@rockyjhonny351
2 жыл бұрын
Wait karo update aaega 😂
Demonitisation से online transaction मे बढोतरी हुई हैI Digital economy, DBT में भी फायदा हुआ है।
@dr.a.m.5630
2 жыл бұрын
Digital economy is technology based, no link wid demonetization... If u believe it increases online transaction then let's hv once more demonetization & then u wud appreciate it more.
@tusharrawat6670
2 жыл бұрын
Par Demonetisation ka asli motive ye tha kya?
@romilmahant2971
2 жыл бұрын
Aur economy ko abhi tak shock laga tha, no black money was recovered
50 rupee note HAMPI. 100 rupee note RANI KI VAB(GUJARAT). 200 rupee note Sanchi stupa. 500 rupee note Red fort. 2000 rupee note Mangalyann.
@rohan7078
2 жыл бұрын
Appreciate it. Now I'm ready for KBC!
Demonstration Bike ky samni ani vale speed breaker ky saman hai jo suru me lagta hai ki ruk gaye apne Par bad me full speed me chalni ki azade deta hai
My most of the transactions are thorough online only and UPI is the major mode I choose for money transaction
High taxes like Income Tax, Capital Gains Tax, GST fuels, incentivise use of cash. Govt should reduce taxation rates.
In diwali, went to buy sweets, had to pay in cash as the shopkeeper said Gpay is not accepting as many transactions have failed, which is causing wastage of time. I feel government should make strixt rules to issue bill & digital payment. Many big shopkeeper still don't have POS machine. Many shopkeeper charge 1-2 % extra on cards. These things govt. should consider to improve on.
केवल 3 बार ही अपने saving aacount में deposit कर सकते हैं तो maximum deals कैश में ही होंगी। जैसे मैं करता हूँ।
Cash and digital payments both increasing in India... I guess it's a good sign that the economy is on track now
@PushpendraKumar-jp2ih
2 жыл бұрын
No, it's not buddy
Demonitisation was a complete failure
Do we count the money hold by demat accounts of traditing apps as money with banks?
"Counterfeit notes reduced" - ye statistics apko kahase mile??? As I know 2000 ki notes me sabse jada counterfeit ho raha tha isliye rbi stopped printing 2000rs notes.
@anubhavsharma90
2 жыл бұрын
Sources of your information ?
Sir internet network ke problem ek reason hai upi ke saath cash hold karne ka...or bank server down bhi ek problem hai
Demonetization was totally failed
@Dignified245
2 жыл бұрын
No, it was a a success, definitely not failed
@deepakkotian4784
2 жыл бұрын
How? Kindly explain. I am just a learner
ALL 2000 NOTES ARE MISSING NOT TO BE SEEN
Literacy is the main reason of huge case use...As maximum people have bank ac and atm but the did not know hou to use it regularly...
Making change of currency. Value was not reduced. Then what is demontiesation
Sir I want to know that if 9lakhcr money in circulation then how people get fresh note in diwali?
Thankyou Sir 💖
कोई फायदा नही हुआ.. ऊपर से नया note छपने मे हजारों करोड़ rupees खर्च हो गए.. 🤓
Rs.2000 ,1000 and 500 should be remove from circulation. Maximum should be Rs.100. Also charges on digital transactions should be minimum
@dilsere1775
2 жыл бұрын
True
@arc8244
2 жыл бұрын
I think 500 should remain as using very less valued currency notes will result in carrying huge volumes of money for purchase and it will create problems.
Thank you Sir for informative session 😇😇
Decision might be good but it's execution was a tragedy
हा याद आया उस वक्त में सुबह ४:३०बैंक की लाइन में लगा था।
Sir mere account me 5000 hai mai kahi paise safe investment kar sakta hu cz m student on parents earning
itne tax barenge toh bank main kon paisa rakhega😴😴
Thanks sir
Why RBI withdraw 500 and 2000 rupees from economy
@yeaznobi3200
2 жыл бұрын
Bcz, of their sequrity features... anyone can print them
@vivekhb670
2 жыл бұрын
500 is still in circulation only 2000 are missing I guess
It's help in future
All who commenting, 5 saal nikal gye pata bhi nahi chala. I want to say you people "You are enjoying your time, keep it up."
5 years Time flies
counterfeit money in 2018 was 25cr now it is 99cr
Due to decrease in bank interest.
Most of the credit goes to UPI
More than 150 people lost their lives while waiting at an ATM on those days, all that for the boast of UPI transaction?
UPI transaction also at its peak...
Nice
Intersing normalisation! why not use M2 or M3 money supply to normalise.
2000 note to waisey bhi nii mil rha band kar de sarkar 😂😂😂😂😂this will be master stroke
Aisa ni he Google pay or paytm other PR offfer chal rahe to log apas me transition kr rahe the
Sir group d or ntpc ke baccho ke liye bhi koi aandolan chalo n
Cash cannot be replaced.
How is it possible I do my 99% transaction through digital
What!! 5 saal beet gye 😶😶 time jada jaldi gujar raha
नोट बंदी का जो फायदा सरकार बता रहीं थीं वो तो नहीं हुआ लेकिन डिजिटल ट्रांजेक्शन में बहुत फायदा हुआ है🙏
Percentage of 2000 rupees notes in circulation = almost half of 1000 rupee notes lol. Back to square one.
Is RBI print new 1000 rs note ?
Abhi log doubt mai h, kabhi kabhi UPI kaam nahi karta
Demonitisation ke baad hi digitalisation of money hua thodi takleef hui magar ab desh modern ho gayaa
🙏🙏
Fake currency ka kya?
Fake note capture is double. No benefit. Only some increase in digital payment which can be achieved any other as well. Job loss is the main effect for this.
Inflation is also a big contributor
🙂 5 sal ho gaya
Option-A
A
Itti jldi 5 saal! 😯😮😮😮
Demonisation not worked only poor people suffering still
RBI NEED IT'S OWN CRYPTO CURRENCY .
& then online transaction era started in India & paytm , gpay , paypal compaies boomed up
Rbi liquidity badharahi rupees isiliye ese horha
ab lagta hai 2000 rupaye ki demonetization hogayi hai....dikhta hi nahi
@xplores
2 жыл бұрын
Less printing logon ne bank me jma karva diye
Man. Time is fast
Aab petrol 100plus ,tab petrol 59, 65 tha , Aab sab kuch mehenga
@AbhishekThakur-wl1pl
2 жыл бұрын
Tab 4445 per capita income thi ab 6533 kuch h, woh bhi dekh lo.
00:50 THAT 450 BILLION DOLLARS !!
I dont see 2000 rupee note anymore...
200 lack crore to 4saal pehli thi abhi 300lack crore hone ja rha hai 🤔🤔🤔
Fir log paisa daba ke rakh rahe. Ek bar fir demonetization 😀😀. Sunami aa jayegi.
Was it worth it?? 🤔. I think this was a blunder.
@spsachingmailcom
2 жыл бұрын
Isme koi do Rai nai.
@omkarpawar8002
2 жыл бұрын
Agree!!
@harshabh1997
2 жыл бұрын
Massive blunder, if that not happened, our economy would be over 3 trillion dollars by now
@chandrakanthshetty3312
2 жыл бұрын
50000 cror parralal currency is exposed
@payalsingh-mg6ft
2 жыл бұрын
Was masterstroke
Paisa hi paisa hoga
Ram Ram Jai Shree Ram 🇮🇳
@nishantrawat1635
2 жыл бұрын
Jai Mahakaal
@sumitranjan1203
2 жыл бұрын
🙏🙏🙏
@Zenith681_JpC.bstno.x
2 жыл бұрын
Jay Shree Ram 🙏🚩
@waytoofficer6201
2 жыл бұрын
jai baba kedar Jay Shree Ram 🙏🚩
@inthevoidreality
2 жыл бұрын
Ram 🙏
Digital payment
Data price is rising
Upi transactions increased
Cash isliye jruri hai abhi qki most of time upi kaam nhi krta faild ho jata hai
Ab impact dikh rha hai demonatitation ka