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Govt may reap 3 trillion rupee budget gain on anti-graft cash ban

GDP growth may get impacted negatively as consumption and investment moderate: analysts
Friday, November 11, 2016 - 05:50


PRIME Minister Narendra Modi's biggest move to fight tax evasion and graft can add US$45 billion to India's budget, or about three times the size of Iceland's economy.

Mumbai-based brokerage Edelweiss Securities predicts the government's surprise crackdown on high-value

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