GDP data prove note ban didn't affect growth: Modi slams critics

The government had pegged GDP growth at a 7.1% for 2016-17 despite note ban blues

Prime Minister Narendra Modi on Wednesday said gross domestic product (GDP) data, released by the Central Statistics Office on Tuesday, has answered the critics of demonetisation. 

He said the data was proof that his November 8 note ban decision did not impact growth rate. Modi said data showed growth has improved in agriculture, mining and manufacturing sectors, and inflation has been reined in.

Addressing public rallies in eastern Uttar Pradesh’s Maharajganj and Deoria, Modi took a swipe at “foreign educated economists” who criticise demonetisation. The PM said “hard work is more powerful than Harvard”. 

"On the one hand are those