We are astonished to find the depreciation of rupee in such a way. - TopicsExpress



          

We are astonished to find the depreciation of rupee in such a way. Now, again Govt will need lot of money for populist campaigns and initiatives before the 2014 election. Hence, we can expect further depreciation. The long term remedy to this is to teach and practice self-sustainability at all levels. 1: Individual; 2: Family; 3 : Community, Ward, Village; 4 : Block; 5 : District; 6: State and 7 : Country This will only reinforce the whole social structure. Even the economically backward (SC, ST etc) families should be supported till the time they are of their own and then, they identify their own strength and reinforce it further. Moreover, Govt should also pay notice to NPA in all public sector banks and try to reduce it. Any external investor will be attracted only if our financial systems and procedures are tight and balanced.
Posted on: Tue, 09 Jul 2013 08:13:11 +0000

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