Sentiment analysis of demonetization of 500 & 1000 rupee banknotes by Indian government | Zendy

Prabhsimran Singh | Zendy; Ravinder Singh Sawhney | Zendy; Karanjeet Singh Kahlon | Zendy

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Sentiment analysis of demonetization of 500 & 1000 rupee banknotes by Indian government

Author(s) -

Prabhsimran Singh,

Ravinder Singh Sawhney,

Karanjeet Singh Kahlon

Publication year - 2017

Publication title -

ict express

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.733

H-Index - 22

ISSN - 2405-9595

DOI - 10.1016/j.icte.2017.03.001

Subject(s) - rupee , government (linguistics) , currency , geolocation , state (computer science) , economics , computer science , finance , monetary economics , linguistics , philosophy , exchange rate , algorithm , world wide web

All government policies have a down side and the burden of the down side is often felt only by the common man. This paper considers one such government policy, the demonetization of high denomination currency by the Indian government that took effect midnight on November 8, 2016. In this paper, we have minutely analyzed this government policy from the common person’s perspective by using the concept of sentiment analysis and taking Twitter as a tool. In addition to performing a nation-wide analysis, we have also performed state-wide analysis using geolocation to further elucidate the reasons of displeasure among people of respective states.

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