Published Oct 31, 2022
2 mins read
416 words
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Economics

94 Indian Rupees To The Dollar

Published Oct 31, 2022
2 mins read
416 words

The International Monetary Fund has issued a warning to India. If the same situation continues, the value of the Indian rupee to the dollar will change to 94 rupees in the year 2023.

Narendra Modi blamed corruption for the depreciation of the Indian rupee during the Congress rule. Indian rupee became 82 rupees during his eight-year rule, can this be considered a modern corruption of BJP?

If what he said is true, isn't it true that BJP is corrupt like never before in India?

BJP can no longer be talking about reasons. Not only the opposition parties but also the people will ask questions like they do in other Maa lands.

If we come to power, the value of the Indian rupee will rise, said Narendra Modi. Why not rise? Why is the Indian rupee still depreciating? The only reason is that the government is not right.

A big question mark is why every state party is not protesting anti-people activities against BJP.

It is sad that only people who believe in democracy are speaking and writing against BJP and BJP's undeclared emergency.

BJP is doing politics by keeping the governors in the non-ruled states and preventing them from doing the welfare schemes. HD Kumaraswamy has accused that there is a plan to destroy the state parties. State governors are powerless. The politics they are playing is doing harm to the people of non-BJP ruled states.

History has recorded many reigns. Many governors have come and gone. If they had the feeling that they are getting paid with people's tax money, they would not do this kind of politics. But power, conscience and virtue are far from dharma. Dharma has nothing to do with BJP.

God is politics depending on BJP. Rather than coming to power because of the Ram temple, they will talk about the welfare of the people. But it is the Perumal temple that is being demolished. Time will tell whether Rama has benefited the people of India.

Keep politics aside.

Let us now look at the situation in India.

India's current account deficit is widening. Foreign investments leaving India on one side, dollar selling in the public market on the other, RBI cracking down on currency notes in circulation, India is heading towards economic decline. The gap between exports and imports continues to widen. Modi government is unable to fix it.

Economists are saying that the coming years will be a big challenge for India.

Part 2 will be upload stay tuned.

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