Social Impact of Demonetization in South India: A Fuzzy Classification Approach using Equivalence Relations

The Fuzzy set theory provides a way for representing uncertainties. All uncertainty is unspoken to follow the characteristics of random uncertainty. This paper classifies the region with the impact of demonetization in south India using survey data collected from the sample respondents of Karnataka, Kerala, Odisha, Telangana, Andhra and Tamil Nadu states. A procedure is created to classify the regions according to the equivalence relations of fuzzy set theory across the southern states and Odisha, public opinion is evenly poised on the demonetization. The consideration of the broader objectives of the demonetization is large encouraging. The opinions are divided into various groups to find whether its arrangement could have been better or not. The results presented here are for the classification of regions based on their interest.