New Century Publications

Home  |    About Us  |   NEW ARRIVALS  |    Order Form  |    Join Mailing List  |    Contact Us

Search For

Complete Catalogue - 2015-2016
in PDF format

    Economics and Commerce
Accounting Standards / Auditing
Banking, Finance and Insurance
Business Environment
Capital Market
Climate Change
Development Economics
Disaster Management
Economic History
Economic Planning in India
Economic Reforms in India
Employment and Labour Welfare
Energy Security
Environment and Economics
Food Security
Foreign Direct Investment (FDI)
Foreign Exchange/Currency
Foreign Trade/External Sector
Global Financial Crisis/Global Recession
Goods and Services Tax (GST)
Governance / E-governance
Human Development
Indian Economy: General
Indian Industry, Small and Medium Enterprises, Public Sector
Information and Communication Technology (ICT)
Infrastructure and Urban Development
International Economics
International Trade
Islamic Studies
Labour Economics
Micro Finance/Self-help Groups (SHGs)/Micro Credit
Micro, Small and Medium Enterprises (MSMEs)
Monetary/Credit Policy
Panchayati Raj
Public Finance, Fiscal Federalism, Government Budgeting, Taxation
Public-Private-Partnership (PPP)
Regional Development
Research Methodology
Rural Development and Poverty
Skill Development
Social Services/Human Welfare
Urban Planning
Water Resources
Consumer Behaviour, Advertising and Consumer Protection
Corporate Governance
Human Resource Management (HRM)
Human Resources Development (HRD)
Management - General
Management Ethics
Mergers and Acquisitions
Project Management
Quality Management / TQM
Retail Management
Risk Management
Supply Chain Management
Working Capital Management
    Political Science
Central Asia
Defence and Security
European Union
Foreign Policy
Government and Politics
Human Rights
International Relations
Minority Studies
North Africa
South Asia
United States
West Asia
    Food Standards
Food Science
Body, Mind and Spirit / Yoga
General Reference
    Women Studies
Women and Law
Women Empowerment
Women Studies / Gender Studies
Indian History
Economic Laws
Intellectual Property Rights (IPRs)
Law - General
    Education - General
Human, Economic and Environmental
Clinical Psychology

Demonetization, Digital India and Governance
By Niranjan Sahoo , Sarika R. Lohana

First Published : 2017
ISBN : 9788177084412
Pages : 236
Binding : Hardbound
Size : 5 x 9
Price : US$ 47

The International Monetary Fund has hailed India as a bright spot amidst a slowing global economy. Indian economy has the potential to achieve double-digit growth rate. In spite of being a bright spot on the world map, a host of problems confront India which caste shadow on its governance credentials. These so-called black spots include: (a) black money, (b) corruption, (c) money laundering, (d) counterfeit currency, (e) tax evasion and (f) terrorist financing.

The new Government at the Centre, which took charge in May 2014, under the dynamic leadership of Prime Minister Shri Narendra Modi has a vision to make India a modern and vibrant economy. Policies and programmes to rejuvenate the economy have already been announced in this regard.

     It was in the above context that the Government of India decided to withdraw the legal tender character of ` 500 and ` 1,000 banknotes of the Mahatma Gandhi Series from the midnight of November 8, 2016. The announcement was made by no less a person than the Prime Minister himself in an unscheduled live televised address to the nation on the evening of November 8, 2016. The demonetized bank notes accounted for 86 percent of the country’s cash supply.

The use of digital technology—world’s fastest growing economic activity—to improve governance cannot be over-emphasized. Digital technology has become the greatest agent of change and promises to play this role even more dramatically in future. One major objective of the demonetization exercise is to encourage cashless/electronic transactions in the economy. The Government of India has taken policy decision to encourage electronic transactions and has, in this regard, announced a number of incentives.

Technology, competition, and benchmarking to the best international practices have to be the driving force of India’s development efforts. Demonetization exercise needs to be seen in this perspective.

1. Demonetization of High Denomination Currency Notes in India
1.1 Demonetization Defined
1.2 History and Background
1.3 Prime Minister’s Historic Announcement to Withdraw Legal Tender Character of ` 500 and ` 1000 Banknotes
1.4 Objectives of the Scheme
1.5 Main Features of the Demonetization Scheme
1.6 Package for Promotion of Digital and Cashless Economy
1.7 Reactions to Demonetization
1.8 Pradhan Mantri Garib Kalyan Deposit Scheme, 2016
2. The Menace of Black Money in India
2.1 Black Money Defined
2.2 Global Concerns against Black Money/Tax Evasion
2.3 Sectors/Activities More Prone to Black Money Generation
2.4 Activities Leading to Generation of Black Money
2.5 Methods to Generate Black Money
2.6 Consequences of Black Money/Tax Evasion
2.7 Estimation of Black Money
3. Institutional and Legislative Measures to Curb Black Money
3.1 Agencies for Enforcement of Tax Laws
3.2 Regulatory Authorities for Supervision and Policing
3.3 Co-ordinating Agencies
3.4 Other Agencies
3.5 Recent Legislative Measures to Prevent Generation of Black Money
4. Economics of Digitization and Digital India (DI): Vision 2019
4.1 Economics of Digitization
4.2 Digital Economy and Knowledge Economy
4.3 Digital India (DI): Vision 2019
5. Governance with Digital Tools
5.1 Governance: Theoretical Framework
5.2 Digital Tools for Improving Public Services in India
5.3 Digital Tools for Tax Administration
6. Internet Banking and Mobile Banking
6.1 Internet Banking
6.2 Mobile Banking
7. Digitization of Stock Exchanges
7.1 Corporatisation and Demutualisation of Stock Exchanges
7.2 Depository System, Dematerialisation (Demat) and Rematerialisation
7.3 Infrastructure for Government Securities Market
8. Digital Payment Systems
8.1 Importance of a Sound Payment and Settlement System
8.2 Segments of Payment System
8.3 Large Value Payment Systems
8.4 Retail Payment Systems
8.5 National Payments Corporation of India (NPCI)
8.6 Committee to Review the Framework Related to Digital Payments
8.7 Benefits of Electronic Payments
8.8 Credit/Debit Cards
8.9 ATM Networks
8.10 Digital Wallet
8.11 Aadhaar-enabled Payment System (AEPS)
8.12 Unified Payment Interface (UPI) of India
8.13 Unstructured Supplementary Service Data (USSD): *99# Banking
8.14 RuPay
9. Electronic Money (E-money) and Electronic Commerce (E-commerce)
9.1 Electronic Money (E-money)
9.2 E-money and Digital Money
9.3 Electronic Commerce (E-commerce)
9.4 Internet Marketing
10. Digital Technology for Pradhan Mantri Jan-Dhan Yojana (PMJDY), 2014
10.1 PMJDY: Brief Introduction
10.2 Six Pillars of PMJDY
10.3 Challenges Identified in Implementing the Mission
10.4 Roles of Major Stakeholders
10.5 Use of Digital Technology for PMJDY, 2014
11. Digital Services in Agriculture and Rural Development
11.1 Need for IT-based Services to Farmers
11.2 Rural Portal of Ministry of Rural Development (MoRD)
11.3 National Rural Employment Guarantee Act Software Package (NREGASoft)
11.4 IFFCO-ISRO Cooperation
11.5 Cyber Dhabas
11.6 E-Choupal
11.7 E-Panchayat
11.8 Kisan Call Centres (KCCs)
11.9 National e-Governance Plan in Agriculture (NeGP-A)
11.10 Other IT Services to Agricultural Sector
11.11 Computerisation of Agricultural Census and Input Survey
12. India’s Cyber Security Policy
12.1 What is Cyber Space?
12.2 Need for Cyber Security
12.3 National Cyber Security Policy (NCSP), 2013


Dr. Niranjan Sahoo is currently Associate Professor in the Department of Rural Management, Xavier Institute of Social Service (XISS), Ranchi. He did his M.A. from Visva-Bharati Central University, Santiniketan, West Bengal; M.Phil. from BANISS (an ICSSR Institute), University of Indore; and Ph.D. from Magadh  University. He also holds STC on Human Resource Management from IIT-Kharagpur.

He is the recipient of many awards, notably International Intellectual Achiever’s Award conferred in Bangkok, Thailand (December 30, 2010); Visva-Bharati Snattakottar Award conferred by the then Prime Minister Shri I.K. Gujral (January 11, 1997); Rashtriya Gaurav Award (April 9, 2010) and Rajeev Gandhi Excellence Award (September 9, 2010).  Recently, he was selected as a member to the Apex Committee of Uranium Corporation of India Limited (UCIL), Department of Atomic Energy, Government of India. Dr. Sahoo has visited a few South Korean universities also viz. University of Suwon, University of Sinhan, Vision University, Hwashin Cybercity University and Chanbuk National University as guest professor. 

He has published a number of research papers in academic journals of repute including International Journal of Multi-Disciplinary Education and Research, and Journal of International Centre for Economics, Humanities and Management, Bangkok. His areas of research interest include rural financial services, corporate social responsibility (CSR), entrepreneurship development, and human resources management.

Dr. Sarika R. Lohana is UGC-Dr. Radhakrishnan Post-doctoral Fellow in Humanities and Social Sciences, School of Commerce and Management Sciences, Swami Ramanand Teerth Marathwada (SRTM) University, Nanded. She received her M.Com. from SRTM University, Nanded; M.Phil. in commerce from Alaggappa University, Karaikudi; Ph.D. from the School of Commerce and Management Sciences, SRTM University and MBA in finance from IGNOU, New Delhi.

She has published papers in Indian Journal of Management Review; Global Journal of Multidisciplinary Studies and Asian Journal of Management Sciences. She is a member of the International Technical Committee on Social and Human Sciences, WASAT, (USA). Her areas of research interest include financial and marketing management, entrepreneurship, six sigma, corporate finance, neuro and behavioural finance.

4800/24, Bharat Ram Road, Ansari Road, Daryaganj, New Delhi - 110 002 INDIA
Tel. : 91-11-23247798, 65396605, 43587398; Fax : 91-11-41017798; Mobile: 9811266355
E-mail :
A creation of : Crux Infotech