Vehicle registrations in Delhi plummet in November after demonetisation

This piece originally appeared on Livemint.com

 

Just how much have the restrictions on cash, brought on by the 8 November demonetisation exercise, hit vehicle sales? One measure of the immediate impact is vehicle registrations in November in Delhi—a major vehicle market in India and a state that uploads all its Road Transport Office (RTO) data daily on the government dashboard, parivahan.gov.in.

 

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