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Demonetization Has A Negative Impact On Jobs

Demonetization Has A Negative Impact On Jobs

Monday, January 23, 2017, 12:42 PM

According to a survey conducted by Assocham, demonetization has negatively impacted job creation, by hurting small and medium enterprises (SMEs) in the short run. However, the large and well-organized sectors of Corporate India, stand to gain in the long run. The survey says a majority of the industry feels that agriculture, cement, fertilizer, automobile, textiles and retail will be negatively impacted.
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