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The Lag Effect

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The Gross Domestic Product (GDP) growth in the first quarter of 2017/18 slowed sharply to 5.7 per cent, much less than the expected 6.1-6.5 per cent, making economists wonder if demonetisation continues to weigh on the economy.Though demonetisation was effected on November 8, 2016, and ... (Publication: Business Today)

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