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Demonetisation report to come out on August 31

Modi claimed in his Independence Day speech that around Rs 3 lakh crore returned to formal economy after demonetisation came into effect.

New Delhi: With Prime Minister Narendra Modi having claimed in his Independence Day speech at Red Fort that around Rs 3 lakh crore returned to formal economy after demonetisation came into effect, it would be interesting to see whether the high profile Parliamentary panel on Finance which is all set to submit its report on demonetisation to Lok Sabha Speaker Sumitra Mahajan on August 31, also comes up with a similar figure in its findings, despite the fact that RBI Governor Urjit Patel could not provide it with a credible reply on the matter.

( Source : Deccan Chronicle. )
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