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Scrapping Rs 500 and 1000: First Pain, Then Gain?
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Scrapping Rs 500 and 1000: First Pain, Then Gain?
18:09
Published On: November 09, 2016
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India's shock move to take larger bank notes out of circulation will hit Asia's third-largest economy in the short term, but pain will turn to longer-term gains including transparency, higher tax revenues and lower inflation, economists said.
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