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DOI: https://doi.org/10.63345/ijhs.net.v13.i12.1
Dr. Akash Varshney
Asst. Professor
Department of Commerce, Satyam College of Education
Sector-62, Noida, SNDT Women’s University Mumbai
Dr. Ankur Aggarwal
Asst. Professor
Department of Commerce, Satyam College of Education
Sector-62, Noida, SNDT Women’s University Mumbai
Abstract— The 2016 demonetization in India, a historic economic event, aims to combat black money, counterfeit cash, and corruption by invalidating high-denomination currency notes. While much research has focused on the financial and economic implications of this policy using traditional metrics such as profit and loss statements, balance sheets, and financial ratios, this study takes a different approach, examining the human impact of demonetization from the perspective of employees in affected companies. We collect insights from the workforce through qualitative interviews and questionnaires to better understand how demonetization has affected their everyday work life, financial stability, and psychological well-being.
This research paper focuses light on the often-overlooked human dimension of economic policy, offering a comprehensive analysis of demonetization’s impacts. Prioritising employee voices reveals the adaptive tactics, difficulties, and resilience demonstrated by workers throughout this era of financial turbulence. The findings are intended to contribute to a more complete understanding of economic disruptions, emphasising the necessity of include human experiences in policy considerations.
Keywords— Demonetization, Economy, Business Management, Export
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