Question

De
Demonilization is good for Indian economy​

Answer 1

Answer:

Merits-Demonetization Favoured India's Economic Growth

Demonetization will help the government to track the black money and the unaccounted cash will now flow no more and the amount collected by means of tax can be better utilized for the public welfare and development schemes.

Answer 2

Demonetization and Tax Payments

Pushing Indians to deposit and account the cash lying in their house also meant a rise in the tax payments for the country. According to government reports the income tax payers saw a record increase in the post demonetization era