https://www.taxtmi.com/news?id=19198 Impact of demonetisation on macroeconomic performance is indeterminate; the finance ministry stated it is difficult to pinpoint the specific effects and warned against attributing stagnation solely to that measure. The ministry emphasised that overall growth depends on capital formation, savings mobilisation and technology adoption, and rejected the proposition that the economy is stagnant, citing a quarterly improvement in growth as indicative of continued economic activity. en-us Tue, 19 Dec 2017 16:43:53 +0530 Tue, 19 Dec 2017 16:43:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19198 Impact of demonetisation on macroeconomic performance is indeterminate; the finance ministry stated it is difficult to pinpoint the specific effects and warned against attributing stagnation solely to that measure. The ministry emphasised that overall growth depends on capital formation, savings mobilisation and technology adoption, and rejected the proposition that the economy is stagnant, citing a quarterly improvement in growth as indicative of continued economic activity. News - Tue, 19 Dec 2017 16:43:53 +0530 https://www.taxtmi.com/news?id=19198