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Transcripts For BBCNEWS Asia Business Report 20170228

Indias Finance Minister tells the bbc his decision to pull large banknotes from his nation was justified. And we find out more about a 7 billion refinery being built in malaysia. Good morning, asia. Hello, world. Thank you for investing your time in Asia Business report. Its a tuesday. I am sharanjit leyl. Report. Its a tuesday. I am shara njit leyl. India report. Its a tuesday. I am sharanjit leyl. India will release its Fourth Quarter gdp figures in just a few hours. And those will give us a very good indication of what impact the governments the Monetisation Drive has had. They banned five types of notes last year to crack down on illegal cash holding and counterfeit notes. But It Hit Agriculture and industry hard. We report. Three months ago, these tomatoes were ripe and ready to be harvested. This field would have produced about 30,000 kilos of them. But this farmer simply had to let them go after the government withdrew most of indias Currency Notes in november last year. People

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