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T N C Rajagopalan::Demonetisation cloud on export growth

Short-term disruption due to demonetisation can hurt productivity and export growth in the next few months

TNC Rajagopalan 

TNC Rajagopalan India’s merchandise export grew 9.59% in October 2016, the highest growth rate for a month since November 2014. This comes on the back of 4.6% export growth in the previous month and so might be taken as a sign of revival in exports growth, which has been languishing in the negative territory since two years, barring a month. The worry now is whether the short-term disruption caused by demonetisation of Rs 500 and Rs 1,000 currency notes will break this new-found momentum. The export growth in October is driven strongly by a dramatic increase in iron ore exports, but it ...

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T N C Rajagopalan::Demonetisation cloud on export growth

Short-term disruption due to demonetisation can hurt productivity and export growth in the next few months

Short-term disruption due to demonetisation can hurt productivity and export growth in the next few months India’s merchandise export grew 9.59% in October 2016, the highest growth rate for a month since November 2014. This comes on the back of 4.6% export growth in the previous month and so might be taken as a sign of revival in exports growth, which has been languishing in the negative territory since two years, barring a month. The worry now is whether the short-term disruption caused by demonetisation of Rs 500 and Rs 1,000 currency notes will break this new-found momentum. The export growth in October is driven strongly by a dramatic increase in iron ore exports, but it ... image
Business Standard
177 22

T N C Rajagopalan::Demonetisation cloud on export growth

Short-term disruption due to demonetisation can hurt productivity and export growth in the next few months

India’s merchandise export grew 9.59% in October 2016, the highest growth rate for a month since November 2014. This comes on the back of 4.6% export growth in the previous month and so might be taken as a sign of revival in exports growth, which has been languishing in the negative territory since two years, barring a month. The worry now is whether the short-term disruption caused by demonetisation of Rs 500 and Rs 1,000 currency notes will break this new-found momentum. The export growth in October is driven strongly by a dramatic increase in iron ore exports, but it ...

image
Business Standard
177 22