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Cash Pullback Had 'Little Impact' On India's Growth: Meghnad Desai

Meghnad Desai claimed that he had supported demonetisation.
Meghnad Desai claimed that he had supported demonetisation.
New Delhi: The government's move to pull back high-value notes had "little impact" on India's growth and the economy will continue to grow at 7-8 per cent, eminent economist Lord Meghnad Desai has said. "Demonetisation had small negative effect as the latest estimates show. I predicted this as small impact... Indian economy will continue to grow at between 7-8 per cent," the India-origin British politician told PTI. Desai claimed t...
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