An autonomous research institute under the Ministry of Finance


Posts by R. Kavita Rao

Impact of Demonetization: What to expect?


The demonetisation of the 500 and 1000 rupee denomination notes has removed 86 per cent of the currency from circulation. It is argued that there are agents in the economy who are hoarding currency as a method for storing savings, especially by people earning unaccounted or illegal incomes. Demonetisation has ...

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