India’s controversial withdrawal of high value banknotes late last year has had an “adverse impact” on the economy, the government has admitted. The country’s Economic Survey, released on the eve of the national budget, said the measures had slowed growth. The dramatic move to scrap 500 ($7.60) and 1,000 rupee notes was intended to crack […]
Read more / Original news source: http://kanglaonline.com/2017/02/india-admits-rupee-withdrawal-bad-for-economy/