India's slowing growth blamed on 'big mistake' of demonetisation
by Michael Safi South Asia correspondent from on (#2RG43)
Prime minister Narendra Modi's policy of stopping issue of higher value banknotes has weakened economy, say experts
India has posted its slowest growth rate in two years, ceding its status as the world's fastest-growing major economy to China, with economists blaming the downturn partly on last year's shock decision to recall the country's two highest-value bank notes.
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