Union Finance and Corporate Affairs Minister Arun Jaitley has said, hardships faced by the people after the demonetisation of high currency notes will last only for one or two quarters, but its effect on the Indian economy will be long-term. In his address to the industry tycoons attending the Make in Odisha Conclave at Bhubaneswar today, Mr Jaitley said, if more and more transactions and payments get digitised, taxation base will increase and people will get the benefit of cleaner economy.Praising the support of Odisha government for backing the Centre on demonetisation and the Goods and Services Tax, the Finance Minister said, Odisha registered a State GDP of 9.2 per cent, two per cent higher than the national GDP.The conclave aims to showcase Odisha as a favoured investment destination for industries. The State aims to attract investment worth 1 lakh crore rupees through the three-day event which ends tomorrow. Our correspondent reports that more than 100 companies and a thousand delegates are taking part in the first edition of the conclave. The Make in Odisha is expected to play an eye-catching role in achieving the Centre's target to increase contribution of the manufacturing sector from current 16 per cent to 25 per cent to the GDP by 2025.