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4) Despite two key measures – demonetisation and GST, India has made very slow progress towards becoming a formal economy. Discuss the reasons and measures needed to formalise economy.

Topic: Indian economy and issues relating to planning, mobilization of resources, growth, development and employment. 

4) Despite two key measures – demonetisation and GST, India has made very slow progress towards becoming a formal economy. Discuss the reasons and measures needed to formalise economy. (250 Words)

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