Demonetization is one of the important tools used by the government of India to tackle the obstacle mainly named as black money as well as the other motive as to increase the impact of plastic money and E commerce transaction within the business and for other activities. Indian economy is one of the fastest growing economies in the world and the policies and norms being stepped up by the government held quite responsible for the any drastic change in the growth of economy. Small scale industries act as the backbone Nation. The economic development of the Nation widely depends upon the status of this Small scale Unit.