Perception of small and medium enterprises towards demonization in Jind district

Abstract

In the modern world, money is crucial, particularly to people's economic lives. The current globalization age has seen a significant expansion in both production and consumption activities, as well as in the interchange of products and services between suppliers and customers. Money serves as a paradigm for how these kinds of transactions should be conducted. Instead of exchanging products and services, money now forms the foundation of economic activity. According to economic theory, money is defined as a means of exchanging goods. Value stores and unit accounts are similar to this in that they function as a means of payment for a variety of goods and services purchased; value stores assist in the transfer of ownership from the current owner to the future owner, while unit accounts help to stabilize the price. Given the vital role that small sellers play in India's unorganised economy, the focus of this study is on them. They are facing a number of problems as a result of the demonetization process. Their company's operations have suffered in some way as a result of the demonetization process.