Make in India , using renewable resources and minimising exports or replacing them with in-house products is surely going to help us. We might not be rich in petroleum or coal but we have a vast coast line, sun shines on is for good 8 months, I think there is the opportunity lies. We just need to rise above politics and look into and besides ourselves. Solution is withus only just need come together. Thankyou and Jai Hind !
The cycle of black money, after gaining interest, when travelled to overseas via digital transfers or through western union or through China chinese crow women, or eagle women, will this money when moved to other nations will it cause inflation to the host nation?
If, Debted, unskilled, sympathized immigration, comes to a country, will it cause inflation to beat the national target? Will it affect a nations traditional rental prices or prices of locally produced goods? As compared to imported goods?
With weaker rupee, India exporter will have more margin and hence ability to price his goods more competitively. So weaker currency does make goods of that country cheaper in international market.
And if inflation beats national inflation target, how will it affect, the local born minorities from low income and middle income groups, how will bank lending practices or social offices evolve for unemployed, and the debted employed...
If black market becomes more rich than to a bank, and if they do illegal money lending busi Ness, placing higher interest rates than to legal bank loans, will it cause inflation, will it allow a bank to topple? Will the Corrupt practices bureau fail, because the market is richer than a bank(a unit of the central bank), will the dollar by the ruiling government depreciate...
Yes when the rupee weakened our imports become costlier may be reduction in terms of imports, exports become cheaper, improved for eg one person bought one cup of coffee with the cost of one dollar if the dollar value 63 rupees, we have to pay 63 ,but when rupee weekend ,devalued we have to pay approximately 70 rupees so imports will become costlier, with this exchange rates will decide, agree but Indian Reserve Bank accumulating Forex reserves in terms of dollars for the trade purpose, hence India invoices are in dollars, nothing wrong in it, can we get dollars without paying rupees? When compared with the other countries currency US dollars are stand frequent fluctuation free. That's why trade between the countries preferred in dollars if any other country's currency attains that stage then countries will prefer that currency,
We need economists to find a solution. India is the largest democracy. China is a closed country in many ways, hence Yuan should not take over . Rupee can and must take over the way dollar took over from pound.
I want her to work for India rather than getting brain drained to already developed US. Talented people like her should be at challenging environment like India. She should be paid very good remuneration at India if that is the reason why she moves away from working at motherland.
Sir, Dr. Gopinath does not need your version of her history and neither do we. You just wasted 6:30 minutes of all the listeners time. In the future, your introduction should be just 0.10 seconds and let the 'Guest of Honor' take the podium. In this instance, you started to present your own lecture on economics. This is completely out-of-line for a public discourse.'