Prem Shankar Jha

India’s growing foreign exchange crisis

Till as recently as two years ago India was enjoying a dream rate of growth, of close to 9 percent a year. Then the bottom fell out, and it happened so suddenly the few people even now fully understand why. In my WIKI I have posted an article that appeared in “The Hindu” ( all editions) on why this happened and why the situation is far from hopeless. If you are interested, I would greatly appreciate a feedback.

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