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Demonetisation to impact GDP in this quarter: Viral Acharya

Demonetisation to impact GDP in this quarter: Viral Acharya

Tuesday, March 7, 2017, 11:44 AM

Deputy Governor of RBI Viral V Acharya, said Demonetisation’s impact on gross domestic product (GDP), may be seen in the current quarter in some segments, while the remonetisation excercise should be completed in 2-3 months. He added that the impact of the notes ban would only be temporary and would help in bringing informal sector into the mainstream economy.
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