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Tags archives: demonetisation-impact

Arun Jaitley plays down demonetisation impact on growth

Finance Minister Arun Jaitley says India’s growth is “reasonable” Finance Minister Arun Jaitley on Thursday played down the impact on economic growth of the government’s decision last November to scrap most of the cash in circulation, saying the annual rate of growth was “very reasonable”. “Through demonetisation, the government created a new normal, with a big step in removing the earlier scenario of cash economy and shadow economy,” Mr. Jaitley […]