Adi Godrej on Demonetization
Adi Godrej, head of Godrej properties is not worried about demonetization. But he was worried about rs. 1000 note. There is wide gap between rs. 500 & rs. 2000. Currency crunch will be impacting small business now. But he foresees double GDP growth due to demonetization and GST taxes. GST will reduce prices which lead to consumption.
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