Hyderabad: Hero Enterprises chairman Sunil Kant Munjal said that while there may be short term hiccups in the economy due to note ban and GST, such steps will, in the long term, be beneficial for the country.

He said, “Such changes take six months to two years time to show results. There may be some short term (hiccups). Next year, if the government continues with the pace of forward looking reforms and does campaign for polls in balance, then I don’t see any risk to our potential for growth.”