Rs 2000 note withdrawal

Withdrawal of Rs 2,000 note can boost growth by pushing consumption: Report

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Withdrawal of Rs 2,000 note can boost growth by pushing consumption: Report

The ₹2,000 note withdrawal decision and response to it so far suggest that the move can help boost FY24 GDP growth to beyond 6.5% estimated by the RBI, a report said on Monday. The real GDP growth for the first quarter of FY24 will come at 8.1% with an upward bias and the Reserve Bank … Read more

Rs 2000 note withdrawal will not affect common man: Ex-CEA Krishnamurthy Subramanian

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Rs 2000 note withdrawal will not affect common man: Ex-CEA Krishnamurthy Subramanian

The Reserve Bank of India‘s (RBI) decision to withdraw the Rs 2,000 note from circulation will not affect the common man, according to former Chief Economic Advisor Krishnamurthy Subramanian. Subramanian, who had earlier defended the 2016 demonetisation, argued that since the Rs 2,000 notes are not in use in everyday life and the cash in … Read more