Need bold reforms to transform economy, says FM Arun Jaitley

New Delhi, January 11

Finance Minister Arun Jaitley on Wednesday said the country needed bold reforms to transform economy.

Talking about the recent demonetisation move, the Finance Minister said excessive paper currency had its own vices and led to its own temptations.

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He said that after the transient impact, demonetisation would lead to a cleaner and larger GDP.

He said the Goods and Services Tax (GST) and demonetisation would boost growth and their impact would be seen this year. PTI