Journal Press India^®

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Demonetisation as an initiative has brought substantial repercussions in Indian economy. Demonetisation had affected almost all the sections of the society. This paper aims to develop an understanding about the process of demonetisation in Indian context and attempts to compare the positive and negative effects of demonetisation across the categories of teaching and non-teaching staff by taking a case study of Bhopal School of Social Sciences. Proportionate stratified random sampling was utilised for the purpose of study with employees falling into two strata. The paper presents the problems faced and perspective developed by the employees in academia in Bhopal during the course of demonetisation and also provides an outlook of what got presented by media and how it differed in reality.

Keywords

Demonetisation; Teaching staff; Non-teaching staff; Socio-economic conditions; Bhopal

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