Demonetisation is an act of cancelling the legal tender status of a currency unit in circulation. It can also be described as an act of taking away the legal tender rights of any currency. Further, it is the process of ceasing a unit of money of its status as legal tender. It is a necessary condition for changing the old currency with the new units of money. Anticipating positive changes on the liquidity structure as a whole, nations often adopt demonetisation policy as a measure to counterbalance the current economic situation. Countries across the globe have used demonetisation at some or the other point to control situations such as inflation and efforts to boost the economy. Keeping this in background this volume attempts to address the issues pertaining to various aspects of the Indian Economy, viz. impact of demonetisation, economic slowdown and changes in employment pattern, changing structure of manufacturing sector, socio­economic implications of large scale farmer's suicide, impact of special economic zones, land acquisition, smart cities, women empowerment, social capital, multiculturalism, environmental justice discourses, environmental determinism, entrepreneurial development, socio-economic vulnerability and citizen centric services. The research papers and articles are contributed by senior academics and development activists. In their submissions they tried to expose the existing problems in these core areas and present valuable suggestions to revamp Indian Economy. The views and opinions expressed by them are of immense value for researchers, academics and administrators for framing policies and strategies on demonetisation and economic reforms.