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Trend 7: Demonetisation-Snatching a Hard Fought Victory

Investment Outlook – Trend 7, Published Mar 16, 2017

While there has been immense short term pain, the Economic Survey FY17estimates long term gain in the form of 6.75-7.5% FY18 real GDP growth. This should stem from an increase in the tax base as curbs on the estimated INR 3 lakh cr. black money (Economic Survey) are being made. Rise of the Digital Economy…

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