What ‘strong currency’ policy framers ignore is that almost every nation with a successful long-term record of development has pursued a ‘weak currency’ policy to win export markets.
Global funds are seeking safety of dollar while fleeing stocks, bonds & other currencies, emulating pattern that was hallmark of 2008 global financial crisis.
For the last 11 years, Nehru has been constantly blocking my efforts and causing the fiascos that are my many yojanas and abhiyans. He is the reason most of my initiatives turn into disasters.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
COMMENTS