Remonetisation to end cash crunch by April: Economic Survey
In its Economic Survey for the year tabled before the Parliament, the government on Tuesday said remonetisation will ensure the cash squeeze is eliminated by April 2017. It further said demonetisation has had short-term costs but holds the potential for long-term benefits. Earlier, President Pranab Mukherjee in his address to Parliament called demonetisation a bold decision in interest of poor.