Business Standard

Thursday, December 26, 2024 | 07:19 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Time to discuss: A letter on GDP growth seen at 4-year low of 6.5%

Political mileage, should not be sole criteria for introducing radical economic policies

Image
Premium

Business Standard
This is with reference to your article, “GDP growth seen at 4-year low of 6.5%” (January 6). The rate of growth has declined from the highs of 7.55 per cent  and 8 per cent in 2014-15 and 2015-16, to the lows of 2013-14. The low growths are principally triggered by the demonetisation of high value currency notes in November 2016, which crippled the rural economy and supply chain. The avowed goal of flushing out black money, i.e. illicit money also flopped, for almost 99 per cent of the banned currency notes were returned to the banks. So if 99 per

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in