In our opinion, the deteriorating rupee value is causing more and more alarming to the nation’s economy. Therefore it is advisable to take stringent steps to reduce the gap between the Imports and Exports. It is possible with regulating the usage of imported products and encouraging the Exports. Majority of imports are unproductive expenditure like gold, petroleum, luxury goods, vehicles etc.,
Source:
EXTRACT FROM FAPCCI NEWS 23-08-2013
