Wednesday, July 15, 2015

Rupee valuation and Exports

Value of rupee is not the issue for giving a boost to exports , but the issue is that of  ease of doing business and taxation policies. The economy cannot deliver based on hopes , expectations and aspiring good days will come at a later time. The bureaucracy should have a change in mind-set and the atmosphere should be made conducive and suitable for business environment. The economy is missing lot of opportunities to perform well in all fronts taking advantage of the political support,  favourable external environment  and domestic potentials available thanks to narrow mindedness of bureaucracy to open the economy with all possible reforms in the area of administration, taxation, banking and finance, trade and commerce, and agriculture.

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