Showing posts with label economic development. Show all posts
Showing posts with label economic development. Show all posts

Saturday, 17 May 2014

A Comment on Modi being new PM of India

My Comment on an article "2014 Lok Sabha elections: Top five sectors which are likely to do well with Narendra Modi as PM" published in the Economic Times dated 16/05/2014 
at 10:20 pm.


"It is true. 
Much is to be done by the new government to restore our country's financial condition. 

People have great expectations from them."

Friday, 21 February 2014

A Comment on Deliberately allowing the Rupee to fall

MY Comment on an article "Did the Indian government deliberately allow the rupee to fall?" published in the Economic Times dated 21/02/2014 at 3:27 pm.


"From the point of view of encouraging exports, it is good. 

If you get extra rupees you are tempted to export more. It is good for restricting imports also. 

If imports are restricted, you will be forced to consume domestic products. It will boost our industry. 

So for more internal development it is a very good tool to make the rupee weaker against dollar and euros."
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