ICAI commissions cost-benefit analysis of demonetisation

Image
Press Trust of India Kolkata
Last Updated : Nov 18 2016 | 7:57 PM IST
The Institute of Cost Accountants of India (ICAI) has commissioned a cost-benefit analysis of the demonetisation drive taken by the Union government, ICAI President Manas Kumar Thakur said here today.
He said a group comprising 7-8 experts is studying the impact of demonetisation on the economy.
According to him, the study will estimate the cost incurred by various sectors of the economy due to this demonetisation move and will also examine the benefits that the sectors are getting out of such a drive.
Thakur said only around two per cent in a community used to get the benefits from parallel economy which causes higher money circulation and pushes up inflation.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 18 2016 | 7:57 PM IST

Next Story