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Showing posts from July, 2022

Indian Rupee, Economy and its Growth

  Economy is “the state of a country or region in terms of the production and consumption of goods and services and the supply of money” (OR) careful management of available resources. Economy might affect both business and development, the factors that affect economy are might be tax rate, inflation, labour, demand, supply, recession, education, training, law and policies etc… We can improve the economy by reforming tax systems, improving infrastructure, protecting financial sectors etc. To increase the rupee value or Indian currency value, Indian government needs to adopt the following measures: -Increase our export trades by producing higher quantities of Indian goods that are in demand abroad. We also need to start manufacturing or producing new stuff that is in demand abroad. India needs to prepare itself to develop the economy, country, products/goods, services, etc what if every MNC investors leave INDIA? Where will India stands? From past few years, India is still a develop