ECONOMY

Tag Archives: demonetisation

India lost 1.5 million jobs in the aftermath of demonetisation
20.07.17 - TEAM PT

The Modi government’s demonetisation decision may have resulted in the loss of roughly 1.5 million jobs, according to new survey data put out by the Centre for Monitoring Indian Economy (CMIE).

CMIE’s data is based on the result of consecutive waves of household surveys performed from ...
  


RBI's image dented beyond repair post demonetisation, bank staff write to Chief Urjit Patel
14.01.17 - TEAM PT

Employees of the Reserve Bank have taken strong exception to the recent measures involving the demonetisation of Rs 500 and Rs 1,000 notes, stating that the government "is impinging on the RBI’s autonomy and its statutory as well as operational jurisdiction”.
 
The employee unions of the ...
  


GDP Growth To Fall To 3-Year Low Of 7.1%, says govt; demonetisation impact yet to be factored in
06.01.17 - TEAM PT

Country’s GDP growth is estimated to slow down to 7.1 per cent in current fiscal, from 7.6 per cent in 2015-16, mainly due to slump in manufacturing, mining and construction sectors, the government data showed today without factoring in ‘volatile’ post-demonetisation figures.
 
The Central Statistics Office ...
  



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