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National Seminar on “Demonetization of Indian Currency- Retrospect & Prospect” on 18th March, 2017 at Jagan Nath University, Bahadurgarh, Haryana

March 18, 2017

One Day National Seminar on “Demonetization of Indian Currency: Retrospect and Prospect”

Date: March 18, 2017

Organized by: Faculty of Management and Commerce


Jagan Nath University, NCR, Haryana is promoted by Jagan Nath Gupta Memorial Education Society, and is established under Haryana State Legislature Act No. 8 of 2013, approved under Section 22 of the UGC Act, 1956. It started its operations with effect from academic session 2013-14 on its own 25 acres campus, located at State Highway 22 (Bahadurgarh-Jhajjar Road). The University has launched UG and PG programs in the Faculties of Engineering and Technology, Computer Science & Technology, Architecture, Management, Commerce, Journalism, Law, Physiotherapy, Education, Agriculture Science and Food Science Technology. The University aims to impart high quality education and promote employability among youth. To achieve this aim, the University has developed good infrastructure, recruited qualified and experienced faculty, state-of-the-art classrooms, laboratories and other facilities. To ensure adequate practical exposure to learners, among other things, the programs are being implemented with an adequate component of industry exposure.


The Faculty of Management and Commerce started operations from the session 2013-2014 offering graduate, post graduate and Ph.D programs in management and commerce. Management education in the University focuses on grooming students for acquiring depth knowledge of domain; develop sense of commitment, professional expertise, interpersonal skills, leadership qualities and nurturing highly motivated business executives to meet the challenges of modern organizations and to cope up with increasingly diverse workforce requirement.


The demonetization of 500 and 1,000 currency notes was a policy announced by the Government of India on 8 November 2016. All 500 and 1,000 currency notes of the Mahatma Gandhi Series ceased to be legal tender in India from 9 November 2016.

The announcement was made by the Hon’ble Prime Minister of India in an unscheduled live televised address at 20:15 Indian Standard Time (IST) on 8 November. In the announcement, Modi declared that use of all 500 and 1,000 currency notes of the Mahatma Gandhi Series would be invalid from midnight of the same day and announced the issuance of new 500 and 2,000 currency notes of the Mahatma Gandhi New Series in exchange for the old banknotes.

The Government claimed that the demonetization was an effort to stop counterfeiting of the current currency notes allegedly used for funding terrorism, as well as a crack down on black money and corruption in the country. The demonetization received support from several bankers as well as from some international commentators, although it was criticized by members of the opposition parties, which led to debates in both houses of parliament and triggered organized protests against the current government in front of the parliament and elsewhere across India.

Therefore, there are many issues that need to be discussed pertaining to the new monetary policy of India in the form of Demonetization of nearly 80 percent of currency in circulation. With this background, the Faculty of Management and Commerce is organizing the one-day National Seminar, so as to foster knowledge in the aforementioned field.

The Seminar on Demonetization of Indian Currency: Retrospect and Prospectwill focus on Impact of Demonetization on Indian Economy and its people.


  • Historical Perspectives of Demonetization in India & Abroad
  • Sectoral Implications of Demonetization: Agriculture, Industry, Service Sector, Employment and others.
  • Socio-Cultural and Economic Implications of Demonetization
  • Cashless Economy- Feasibility and Strategies
  • Eradication of Corruption and Black Money by Demonetization.
  • Indian Banking system and Demonetization


Research Papers are invited from the Academicians, Industry Professionals, Research Scholars and Students on the topics related to above themes. Authors of selected papers would be given an opportunity to present their papers during sessions on the day of the Seminar.

Selected and timely submitted papers will be published in a special volume in the form of an edited book with ISBN Number.


  • Paper should be submitted to seminar.mgt@jagannathuniversityncr.ac.in for review and selection.
  • The abstract should summarize the key points of the paper with a maximum of 5 keywords that define the subject matter.
  • Manuscripts submitted to national conference should be original contribution and should not have been previously published nor under consideration for publication elsewhere. Individual and multiple authors are welcome to contribute.
  • Manuscripts must be written in English.
  • The abstract should summarize the key points of the paper not more than 500 words and with a maximum of 5 keywords that define the subject matter.
  • All contributions should follow the format and style described in the Publication Manual of the American Psychological Association (APA).
  • All manuscripts should be typed in MS WORD format, single-spaced with one-inch margins and using 12-point Times New Roman font (exception of tables 10-point Times New Roman).
  • All tables should be appropriately named and numbered.
  • Manuscripts should include the following major sections & sequence: title, affiliation of the authors (e.g. university name, country), abstract, keywords, main body (Introduction, Literature Review, Methodology, Findings, Conclusion) and References.


Patron: Sh. Manish Gupta

Convener: Prof. H.L. Verma

Organizing Secretary: Dr. Rajinder Singh


Dr. Ritu Sharma, Assistant Professor, Faculty of Management and Commerce

Mr. Harminder Singh, Assistant Professor, Faculty of Management and Commerce

Mr. Rajesh Mehra, Assistant Professor, Faculty of Management and Commerce

Ms. Poonam Sharma, Assistant Professor, Faculty of Management and Commerce

Student Committee Members-

Niverty, Ambika, Florida, Nancy, Parsuram, Apporva, Shubham, Uma, Amit, Purnita, Isha Jain,Arpreet, Sunny.   


Full Paper Submission (Soft Copy) along with Registration Fees: on or before 16th February, 2017.

Seminar: March 18, 2017.


Student: Rs. 1000/-

Teacher: Rs. 1500/-

Co-author*: Rs. 2000/-

*Co Authors shall not be more than two for a research paper.

Mode of Payment

Offline Mode: Registration fees to be paid by demand draft in the name of “JAGAN NATH UNIVERSITY” payable at Bahadurgarh must reach on or before 2nd February 2017 on the address mentioned below along with the single side printed hard copy of the Article.

Online Mode: For online registration fees transfer, Account no: 603801011005955 and IFSC code is ‘VIJV 0006038’ Vijaya Bank, Delhi.

For further details, contact: Organizing Secretary, Dr. Rajinder Singh, Faculty of Management and Commerce, at Email ID seminar.mgt@jagannathuniversityncr.ac.in and on Mobile number of Dr. Ritu Sharma, (M) 9818803559, Mr. Harminder Singh, (M) 9953849289, Ms. Poonam Sharma, (M) 8397842112. Faculty of Management and Commerce, Jagan Nath University, Bahadurgarh-Jhajjar Road, State Highway-22, Jhajjar-124507, (Haryana).

For updates, log on to: http://www.jagannathuniversityncr.ac.in


Seminar Hall

JaganNath University

Bahadurgarh-Jhajjar Road NCR Haryana.

Registration Form

in favour of jagannath University, Payable at bahadurgarh.

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