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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 …

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