ASL on demonetisation
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Demonetization is the process of devaluing a piece of currency to zero. In other words... changing the value of a particular denomination of currency to nil. Making it a piece of paper with absolutely no value greater than a regular piece of paper.
We can judge the decision of Demonetization by the Government based on the industries that get affected the most by it. Firstly, the small retail shops.... who thrive on cash flow and don’t really have the facility of Swipe Machines.... including the small vendors who sell vegetables and fruits on the street.
Apart from this.... , the industry which gets hit the most is certainly Real Estate. So here’s a little on the impact on the Real Estate industry. It is a known fact that a big chunk of real estate runs on cash.... Most of it in black as well. But some of the points that need to be noted are that many people who were all ready for their investment post 8th November have now either just stopped in their tracks and reconsidering or have just scrapped the idea itself, because lets face it, not everybody will be able to make their investment through white.
So yes.... chances are there will be a slight decrease in prices for a while.... , but I’m guessing that’s until the whole demonetization has run its course entirely.
Hope it helps.
If u like this.. Then mark as a brainliest answer
We can judge the decision of Demonetization by the Government based on the industries that get affected the most by it. Firstly, the small retail shops.... who thrive on cash flow and don’t really have the facility of Swipe Machines.... including the small vendors who sell vegetables and fruits on the street.
Apart from this.... , the industry which gets hit the most is certainly Real Estate. So here’s a little on the impact on the Real Estate industry. It is a known fact that a big chunk of real estate runs on cash.... Most of it in black as well. But some of the points that need to be noted are that many people who were all ready for their investment post 8th November have now either just stopped in their tracks and reconsidering or have just scrapped the idea itself, because lets face it, not everybody will be able to make their investment through white.
So yes.... chances are there will be a slight decrease in prices for a while.... , but I’m guessing that’s until the whole demonetization has run its course entirely.
Hope it helps.
If u like this.. Then mark as a brainliest answer
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