Economy, asked by raiesmita63, 2 months ago

Conclusion on demonetisation and its short and long term impact on GDP?

Answers

Answered by sanjana161891

Answer:

Impact Of Demonetisation On The Indian Economy. On Gross Domestic Product (GDP): The Indian economy is a cash-driven economy and demonetisation has largely affected its growth. The GDP growth rate of 8.01% in 2015-2016 fell to 7.11% in 2016-2017 after demonetisation.

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