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Title:
THE POLITICS OF DEMONETIZATION AND MOBILIZATION

Authors:
Surendra Kumar Yadawa, Prof. Gopal Prasad

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1Surendra Kumar Yadawa, 2Prof. Gopal Prasad
1. Research Scholar, M.A. NET (Political Science), Department of Political Science, Deen Dayal Upadhyay Gorakhpur University, Gorakhpur (UP), India
2. Head of the Department, Department of Political Science, Deen Dayal Upadhyay Gorakhpur University, Gorakhpur (UP), India

MLA 8
Yadawa, Surendra Kumar, and Prof. Gopal Prasad. "THE POLITICS OF DEMONETIZATION AND MOBILIZATION." Int. j. of Social Science and Economic Research, vol. 4, no. 6, June 2019, pp. 4430-4439, ijsser.org/more2019.php?id=339. Accessed June 2019.
APA
Yadawa, S., & Prasad, P. (2019, June). THE POLITICS OF DEMONETIZATION AND MOBILIZATION. Int. j. of Social Science and Economic Research, 4(6), 4430-4439. Retrieved from ijsser.org/more2019.php?id=339
Chicago
Yadawa, Surendra Kumar, and Prof. Gopal Prasad. "THE POLITICS OF DEMONETIZATION AND MOBILIZATION." Int. j. of Social Science and Economic Research 4, no. 6 (June 2019), 4430-4439. Accessed June, 2019. ijsser.org/more2019.php?id=339.

References

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[3]. (2016, December 9). Demonetisation does nothing to stop generation of black money. Frontline.
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[11]. Rai, Suyash, Demonetisation: Understanding the event, impact,narrative and meaning."Business Standard, December 4, 2016
[12]. (2017, January 25). Demonetisation: A big boon not to be wasted by banks. The Economic Times
[13]. The Hindu, Business Line, Demonetisation will benefit economy in long run. Nov 12,2016
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[15]. November 15, 2016.

Abstract:
The present paper aims to understand the nature of public protest and mobilization through the analysis of impact on the masses of demonetization introduced by the government of India in 2016. Demonetization has been the most debated topic in India since Nov 8, 2016 when Prime Minister Narendra Modi announced, to the utter surprise of the whole nation, that the high-denomination notes of 500 & 1000, then in circulation, would cease to be legal tender. In a single stroke, nearly 85% of the currency was wiped out.i The move disrupted the lives of ordinary people, led to widespread hardship and inconveniences for the poor, major job losses in unorganized sectors and over a hundred deaths. Despite the huge distress and disruption, the general sentiment seemed to be in favour of the decision. The questions that we seek to address are as follows: Why did not a radical step such as demonetization did not trigger wide spread public protest? Why did the opposition fail to mobilize the public against this move despite it being a politically, socially and economically risky?