alexa
Indianmoney.com Missed Call Number
 
Home News Biscuit industry yet to recover from note ban impact

Read more interesting news from around the globe with Indianmoney App

Google Play
 
Get the Best Financial Advice on Credit CardClick Here
 
 
Biscuit industry yet to recover from note ban impact

Biscuit industry yet to recover from note ban impact

Monday, March 13, 2017, 12:06 PM

Mayank Shah, vice president, Biscuit Manufacturers Welfare Association said "Due to the cash crunch, there was a significant impact on the biscuits industry. The industry took a hit of Rs 500-700 crore on sales due to demonetization," A proposed flat 12% GST on biscuits will be a grave injustice to the poor as biscuits retailing below Rs 100 per kg are treated as merit goods.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Get It now!