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How will Indian GDP be affected from banning 500 and 1000 rupees notes?
I would like to know how Indian GDP will be affected from banning 500 and 1000 rupees notes.
India's GDP may experience a short-term negative impact from the demonetization policy, as the currency ban resulted in a decrease in consumer spending and industrial production. However, in the long term, the policy is expected to increase transparency and reduce corruption in the Indian economy.