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Mon, Oct 21, 2019 | Last Updated 5:36 am IST

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Nitin Gadkari claimed benefits of demonetization will be seen in long term

Nitin Gadkari claimed benefits of demonetization will be seen in long term
Nitin Gadkari claimed benefits of demonetization will be seen in long term
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Reportedly the November 8, 2016 decision of the Narendra modi government to demonetize banknotes of Rs 1,000 and Rs 500 was a reform that will reap long-term benefits for india, said senior Union minister nitin gadkari on Friday. He said some reforms may have short-term problems but in the long run they are beneficial.

Nitin Gadkari claimed benefits of demonetization will be seen in long term

"It is possible that while carrying out some reforms there are some problem in the short term, but in the long term, there are benefits," nitin gadkari said. nitin gadkari said this while speaking at a special session on Indian economy at the india Today Conclave 2019 in mumbai.



Gadari said growth can be achieved if everyone works positively and the government supports these efforts. Moreover nitin gadkari said the government is also considering reducing the interest rates on external borrowings by the MSME sector.


Nitin Gadkari claimed benefits of demonetization will be seen in long term
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