Note ban may slow down economy: President

note-ban-mayNew Delhi, (IANS) Demonetisation may lead to a temporary slowdown of the economy, President Pranab Mukherjee said on Thursday.

“Demonetisation, which immobilizing black money and fighting corruption, may lead to temporary slowdown of the economy,” the President said in an address on video to Governors and Lt Governors.

“We all will have to be extra careful to alleviate the suffering of the poor which might become unavoidable for the expected progress in the long run,” he added.

Medaram Jathara

Connect with us



© 2012 - 2016 VIL Media Pvt Ltd. All rights reserved,
Contents of v6news.tv are copyright protected.Copy and/or reproduction and/or re-use of contents or any part thereof,
without consent of VIL Media is illegal.Such persons will be prosecuted.