ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Explanations Seem Correct


The conclusions in the article by Parag Waknis, “Demonetisation through Segmented Markets: Some Theoretical Perspectives” (EPW, 4 March 2017), are logical and are now substantiated by the figures released by the government, in which, disaggregated data reveal what the aggregate has sought to hide.

Sector-wise gross value added (GVA) growth rates (in %) (Statement 5 of the Central Statistics Office’s press release) are as shown in the table:

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Updated On : 3rd Mar, 2017


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