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Impact of note ban News

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 Real estate already reeling under slowdown received a jolt in 2016, and sales dip to lowest in 2016 due to cash crunch unleashed by demonetisation.
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Prime Minister Narendra Modi may have to meet the Public Accounts Committee (PAC) of Parliament on the issue of demonetisation if the panel decides that the explanations given by top finance ministry officials and the RBI Governor Urjit Patel are are inadequate.
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Some disruption is bound to be created due to demonetisation but long term advantages are huge, Finance Minister Arun Jaitley said on Friday.






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