Immediate impact:1.26%
Immediate impact:1.26%
Cascading and indirect impact:2%
AFTER ROLLBACK OF DIESEL PRICE HIKE
Immediate impact:0.92%
Cascading impact by end of 1996-97:1.40%
ECONOMIC EFFECTS
Economy strained of money Fall in demand for other products Contractionary tendencies
Source:NCAER's standard short-term macro model