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Dr.Chandrasekaran's analysis on Indian Economy !! Modi Government's economic policies gets appreciation.

As per the Financial and Investment Advisor . Impact of Demonetization on Indian Economy in 2018 is as follows.

Economic Survey after careful review of Demonetization which was announced in November 2016 by Prime Minister Shri Narendra Modi that the cash-to-GDP ratio has stabilized. It suggests a return to equilibrium.

The Economic Survey says that India's GDP is set to grow at 7.0 to 7.5 percent in 2018-19. This is an increase from its prediction of 6.75 percent growth this fiscal year. The Economic Survey has cited exports and imports data to claim that the demonetisation effect was now over. It claims that re-acceleration of export growth to 13.6 percent in the third quarter of Financial Year 2018 and deceleration of
import growth to 13.1 percent is in line with global trends. This suggests that the demonetization and GST effects are receding. Services export and private remittances are also rebounding.

This survey gives a greater boost to the Modi government. And busting the opposition parties charges of destroying the Economy. However Indian Economy is moving on a right path at greater pace.

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