Tag

• admin
• Currency Management economic reforms India Foreign Exchange Reserves forex reserves India global trade India import restrictions India India economic growth macroeconomic policy PM Modi economic policy trade balance India
• 1
• 0

WHY PM MODI’S CALL TO SAVE FOREX COULD SLOW DOWN INDIA’S GROWTH

WHY PM MODI’S CALL TO SAVE FOREX COULD SLOW DOWN INDIA’S GROWTH Why in the News? Prime Minister Narendra Modi recently urged citizens to conserve foreign exchange reserves by reducing non-essential imports. He appealed to people to avoid purchasing gold for a year, as gold imports significantly increase India’s forex outflow. The Prime Minister also …