An autonomous research institute under the Ministry of Finance

 

Posts by Ila Patnaik

Impact of demonetization

14/11/2016

The demonetization of Rs 500 and Rs 1000 amounts to a significant monetary tightening especially for the informal sector and is likely to affect production and economic activity in this quarter. Rs 500 notes constitute the bulk of the currency used for transactions in the Indian economy. Along with Rs ...

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