Effect of Demonetization on Self Help Group: A Studyon Odisha

Main Article Content

Dr. Giridhari Mohanta, Ms. Manisha Seal, Dr. Shwetasaibal Samanta Sahoo, Mr. Mukunda B. G.

Abstract

This paper reports the experiences of SHG (Self Help Group) inCuttack and Khurda districtsof Odisha after the demonetization of Indian currency in November 2016. Initially demonetizationfaced significant criticism after its implementation with regard to currency notes. In this regard using purposive sampling method, 50 responses from SHGs were collectedfrom the study areas through a structured schedule, over a period of six months and analyzed by using relevant statistical tools like ANOVA, Chi-square test, Correlation etc.The paper reveals attitude of the respondents as well as challenges and benefits with regard to demonetization. Further study depicts that respondents are happy with the change for its diverse benefit like security, portability, time saving in counting, convenience and easy comparability. Finally,study concluded with imperative suggestions for the benefit and development of economy.

Article Details

How to Cite
Dr. Giridhari Mohanta, Ms. Manisha Seal, Dr. Shwetasaibal Samanta Sahoo, Mr. Mukunda B. G. (2021). Effect of Demonetization on Self Help Group: A Studyon Odisha. Annals of the Romanian Society for Cell Biology, 2218–2222. Retrieved from https://annalsofrscb.ro/index.php/journal/article/view/1663
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Articles