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Economy

Has demonetisation achieved its objectives? Data shows some contradictory trends

Updated : October 09, 2019 08:22 AM IST

Overall currency in circulation continues to increase well above the nominal GDP growth even though we are almost three years into demonetisation.
Within the larger ticket retail payments, it is not the digital payments that have accelerated.
Has demonetisation achieved its objectives? Data shows some contradictory trends

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