Economic Survey : Demonetisation

  • The adverse impact of demonetisation on GDP growth will be transitional.
  • It will affect growth rate by 0.25-0.5%, but to have long-term benefits.
  • It may affect supplies of certain agricultural products like sugar, milk, potatoes and onions.
  • Remonetisation will ensure that the cash squeeze is eliminated by April 2017.

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