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[Co-authored with Satadru Sikdar and Richa Jain]
Boosting infrastructure development is a thrust area in the agenda of the present Indian government. The total revenue and capital expenditure in the infrastructure sector as a share of GDP shows a steady increase over the years. The share …
Four weeks have passed since the announcement by Prime Minister Narendra Modi on the November 8, 2016 to demonetise currencies of denomination Rs 500 and Rs 1000. Till now, most of the ATMs across the country are in non-functioning mode. There are serpentine queues in front of banks and …
Implications for demand growth & sectoral inflation
Following the announcement by Prime Minister Narendra Modi, Indian currencies with denomination 500 and 1000 have ceased to be the medium of exchange from the midnight of 8th November, 2016. This demonetisation move is implemented as a tool …