PM Narendra Modi's demonetisation drive to cost the economy Rs 1.28 lakh crore
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According to the Centre for Monitoring
This however does not include many indirect costs, such as those from disturbing the supply chain, says the study by its managing director, Mahesh Vyas.
As per the study, the highest cost at Rs 61,500 crore, would be borne by the enterprise sector, which covers all businesses that produce goods and services and are also involved in the supply clain comprising farmers,m transporters, retailers, manufacturers etc.
It also states that the entire supply chain of goods and services, a large part of which is cash-based will suffer a massive liquidity shock..
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