Dependency on FDI to strengthen the Indian economy and the falling rupee will not help. The solution lies in innovation and strong exports.
Why FDI alone will not help Indian Economy or Falling Rupee?
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Currency Branding – Indian Rupee to get a Currency Symbol
The ministry of Finance of the Government of India had announced an open competition in 2009 to design a currency symbol for Indian Rupee that would represent the cultural and historical ethos of India. Note that Russia has been trying ever since early 1990s to find a brand symbol to its currency Rouble!
