<b>A K Bhattacharya:</b> Don't lose the digital momentum

Increasing e-transactions would be the economy's real and perhaps only gain from demonetisation

Two sets of data are now available to assess the impact of demonetisation on the pace and pattern of economic activity in the country. The second advance estimates of national income for 2016-17 were released by the Central Statistics Office last week. A little while prior to that the Reserve Bank of India (RBI) came out with its data on the pattern of financial transactions in the last few months. Both sets of data indicate not just what happened in the last few months after demonetisation, but more importantly the likely pace and pattern of economic activities in the months