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 developing country but not developed country yet. Can India reduce the leasing agreements of investors? So, that India starts its own way of life to develop itself with the earned profits, budget, whatever we have? India will be a developing country forever, if India is still depending on different countries, yes, you are reading it right, India is a dependent country… Every Indian wants different brands like made in China, made in USA, made is Japan etc and why not made in India? Every Indian adopting different country culture and slowly forgetting Indian culture… We should stop this.

If India sends back all the Investors to their homes, India too faces the same challenge, they will send Indians back to India. Not only Investors but also importing, but we should never stop exporting. Blood of every Indian is to help others. This might be wonderful if every Indian comes back and start their own business here in India with their financial stabilities, Didn’t Indian entrepreneurs don’t have money? Didn’t India have rich persons? Can India face this challenge? Every Indian must keep their EGO’s aside to develop ourselves, because there might be a chance that India will definitely go back again to 1940’s, a barter system will develop once again. We should begin from starting once again. Do you know what is the value of a rupee before independence? One rupee is equal to 3 dollars. Do you know this? This might not happen all at a time, but we should get habituated slowly. If India starts sending back and stopping Investors very slowly from different countries, can we expect what will happen to the nation? We should fight for development of India; Rupee value might improve. The only few things which every Indian including politicians must do are stop corruption, keeping the EGO’s aside, leaving selfishness, concentrate on domestic investments, self-driven start-ups, helping each other, domestic trades, etc. This should be like one nation, one identity, one caste, one religion, one culture, one God (No Hindu, No Muslim, No Christian), everyone comes under one umbrella.

Don’t you believe India have intellectuals, don’t you believe India have Innovators, don’t you believe India have knowledge individuals, don’t you believe India have good economists, don’t you believe India have scientists, don’t you believe India have financial budget, etc? Don’t you believe India have good financial advisors? Still, Why Indian government is failing in assessing the value of rupee? Why value of Indian rupee is going down day-by-day? Why Indian government is not trying to increase the value of rupee? Why Indian Government is not trying to analyse and compare the value of different countries currency values to improve the value of Indian rupee? Why Indian government if not taking proper and necessary steps to improve the value of rupee? Why Indian government is not following the strategies to develop the nation?

What about the developed regions/area where already buildings are constructed? Can’t those be used for office spaces for the Indian entrepreneur’s, business folks to occupy those spaces, can’t be extra buildings collapse to develop more agriculture, etc…

Didn’t you ever think of it? Can India dares to do this? And, yes, there will be a positivity and also a negativity. Impossible itself says I'm Possible, so we can do it and India can do it. Indian government must be very strict in every aspect to implement strategies, ideas and innovations.

Every individual must strive and serve for the nation and to the nation, India must develop from different aspects by using different sources with different functions.

India should boost the demands and investments and play a crucial role in developing the value of rupee and economy. There must be a revolution to do this. Indian government should improve and develop each and every sector like a revolution.

NOTE - I might not be the right person to define about the value of rupee and economy, but I have to right to question, I have to right to share the views and opinions.

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