Difficult to pinpoint impact of noteban on economy: FinMin

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Difficult to pinpoint impact of noteban on economy: FinMin

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....ifficult to pinpoint impact of noteban on economy: FinMin News and Press Release Dated:- 19-12-2017 New Delhi, Dec 19 (PTI) The finance ministry today said it is difficult to "pinpo....

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....int" the impact of demonetisation on the economy and affirmed that there was no stagnation. The overall growth of the Indian economy is dependent on many factors, including the rate of capital f....

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....ormation and savings and utilisation of technology, among others, said Minister of State for Finance P Radhakrishnan in a written reply to the Rajya Sabha. "It is difficult to pinpoint the impac....

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....t of demonetisation," the minister said. The government was asked whether Indian economy was stagnant due to demonetisation, which was announced in November last year. "Indian economy is n....

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....ot facing stagnation," the minister replied. To support his argument, Radhakrishnan said the growth in second quarter of the fiscal increased to 6.3 per cent, as compared to 5.7 per cent in Apri....

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....l-June period. News - Press release - PIB....

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Difficult to pinpoint impact of noteban on economy: FinMin