A depreciating rupee is an opportunity, not a weakness. Instead of being defensive, the government needs to launch a programme to educate people and business on how to benefit from it. For that to happen, the government needs to put its own policy-making shop in order.says article !Do you think that India has some hidden potential and most of the Indians do not put their efforts to fullest of their potential ?or some negative pro activity hammers the growth !
U may be right in your own way, but just think about the actual position. our imports are more and exports are less plus we have to pay a huge amount of foreign currency for crude oil. had our balance of payments been in our favour we would definitely have some advantage. in the present circumstance i dont we thing we have any advantage in depreciating rupee rather we are on the loosing side