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India’s Forecast for Economic Growth Set to Show Impact of Cash Crunch
Economists estimate a loss of 0.5% to 1% in GDP from the move to cancel large denomination rupee notes by the Modi government to stem corruption. Forecasted growth was at 7.6%. The real estate sector where most deals are in cash and black money is most hit. At the same time more deposits are being made of old currency notes, increasing the money banks have to lend. The government says the rural sector is not affected as badly as critics suggest- with 6.3% increase in sowing of winter crops.
Banned 500 and 1000 rupee notes (demonetisation) in India to fight corruption and black money in 2016
11/11/2016
Grouped Articles
Crowds Line Up at India’s Banks to Exchange Banned Rupee Notes
The New York Times 11/10/2016
Arvind Kejriwal: The fiery BBC interview that went viral in India - BBC News
BBC News 11/21/2016
India Hobbles Through a Cash Crisis, and Electronic Payments Boom
The New York Times 12/13/2016
India’s Forecast for Economic Growth Set to Show Impact of Cash Crunch
WSJ 01/06/2017
The Cash Transfusion Critical to Curing India’s Anemic Economy – The Numbers
WSJ 02/13/2017
How India’s Taxman Is Using Cash-Crackdown Deposit Deluge to Ensnare Evaders
WSJ 02/08/2017
Impact of demonetisation and cash crunch on the Indian economy in 2017
02/16/2017
Grouped Articles
India’s Forecast for Economic Growth Set to Show Impact of Cash Crunch
WSJ 01/06/2017
The Cash Transfusion Critical to Curing India’s Anemic Economy – The Numbers
WSJ 02/13/2017
How India’s Taxman Is Using Cash-Crackdown Deposit Deluge to Ensnare Evaders
WSJ 02/08/2017
The Economist 03/07/2017
I feel very satisfied with what we have been able to do: Arvind Panagariya
The Hindu 08/08/2017
Demonetisation: the great reset, a year later
The Hindu 11/08/2017
Views on the banned 500 and 1000 rupee notes (demonetisation) in India
11/21/2016
Grouped Articles
Arvind Kejriwal: The fiery BBC interview that went viral in India - BBC News
BBC News 11/21/2016
India Hobbles Through a Cash Crisis, and Electronic Payments Boom
The New York Times 12/13/2016
India’s Forecast for Economic Growth Set to Show Impact of Cash Crunch
WSJ 01/06/2017
The Cash Transfusion Critical to Curing India’s Anemic Economy – The Numbers
WSJ 02/13/2017
How India’s Taxman Is Using Cash-Crackdown Deposit Deluge to Ensnare Evaders
WSJ 02/08/2017
Demonetisation: the great reset, a year later
The Hindu 11/08/2017
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