Post demonetisation, new investments in the Indian economy fell by as much as 50% in the last quarter of 2016, compared to the average figure of the previous nine quarters, data released by Centre for Monitoring Indian Economy (CMIE) suggests. New investment proposals of only Rs 1.25 lakh crore were[Read More…]
Tag: Investments
Demonetisation will reap structural benefits in the longer run: Reports
The government’s sudden move to demonetise ₹500 and ₹1,000 currency notes will have a transitory impact on GDP growth. According to research by ratings agency CRISIL, the new decision will spell significant strutural benefits over the long term. In the longer run, this move will improve the government’s fiscal position[Read More…]