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Latest Articles in Demonetisation

India’s Growth Downgrade A Blip In Much Positive Long-Term Picture: IMF

The latest IMF report lowered India’s growth projection to 6.7 per cent in 2017, 0.5 percentages points less than its previous two forecasts and attributed it to demonetisation and introduction of the GST

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Reforms Undertaken By Government Have Put Indian Economy On Stronger Track: Arun Jaitley

Jaitley said there is a consensus on reforms in India. He said the government convinced people that domestic investment is grossly inadequate

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Transparency In Demonetisation Would Have Been Instrument Of Fraud: Arun Jaitley

GST he said is a common taxation system, which will allow a free flow of goods and commodities across the country

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GST, Demonetisation Having Desired Impact: Arun Jaitley

In his keynote address – via video conference - to the Berkeley India Conference yesterday (7 October), Jaitley said that there is public support to the reforms being undertaken by the governments of the day both at the centre and state levels

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5.7% GDP Growth Rate Still A Very Strong Number, Says Sanjeev Sanyal

Sanyal also stated that the government is looking at options such as an issue of recapitalization bonds or diluting government stake in Public Sector Banks for the recapitalization of banks

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Demonetisation Should Have Been Done Differently, Says Sanjeev Bajaj

This government has taken a lot of major steps, especially on the financial side. But some of those reforms are not going to work and let us be honest demonetisation did not work. The intention was right, but we haven't seen the results yet

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RBI Knives Overall Growth To 6.7% But Says Worst Behind Us

The GST implementation so far also appears to have had adverse impact on growth, rendering an uncertain future for the manufacturing sector in the short term

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Rahul Slams GST, Note Ban Move, Says Modi Doesn't Listen To Anyone

This is the big difference between the Congress's ideology and the BJP's ideology. The Congress listens to everyone and then implements a big decision. This government did not listen to anybody and implemented the GST and demonetisation, which affected the backbone of country's economy

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Has Demonetisation And GST Narcotised Indian Apparel Industry?

According to a report by Investment Information and Credit Rating Agency of India (ICRA), disruptions caused by demonetisation and transition to GST regime has narcotised the Indian apparel and fabric industry

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Demonetisation A Courageous Decision To Challenge Black Money: Sushma Swaraj

Prime Minister Modi on November 8, 2016, demonetised Rs 500 and Rs 1,000 notes in a bid to clamp down on black money, fake currency menace, terror funding and corruption

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CVC To Probe Government Employees Deposits Post Demonetisation

Prime Minister Narendra Modi had on November 8 last year announced the scrapping of old Rs 500 and Rs 1,000 notes

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India's GDP Growth Likely To Slip Below 7% In Fiscal 2018: DBS

According to the global financial services major, two recent policy measures - demonetisation in November 2016 and GST rollout in July 2017 had a short term impact on economic activity

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‘Hopes Of Money Not Returning To Banks Post Demonetisation Unmet’

The Central bank had said on August 30 that as much as 99 per cent of the junked Rs 500 and Rs 1,000 notes have returned to the banking system, following the demonetisation exercise in November last year

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‘Demonetisation, GST Once On Track Can Lead Growth In Steel Sector’

The steel sector in India contributes nearly 2 per cent of the country’s GDP and employs over 600,000 people, says Steel Users Federation Of India (SUFI)

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Let India Grow At 8-10% For 10 Years Before Chest-Thumping: Raghuram Rajan

In an interview to PTI, he said India can lecture the world on things such as culture and history, but on growth, it should do that only after achieving 8-10 per cent rate for 10 years

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