Effect of Demonetisation on Indian Weddings

Weddings in India are always known to be grand, lasting an average of about three days. A lot of time, effort and money are burnt out to make a wedding people would never forget. The wedding industry in India was pegged at more than 1,00,000 crores in 2015 with the estimated growth of 25%-30% annually. However, with the demonetisation of the 500 and 1000 rupee notes issued in the month of November, there has been a temporary shortage of in hand cash in the country. The grand wedding of a…

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