ஒரே எண்ணம், ஓர் ஆயிரம் பார்வை

Will India see the change in 2015?

-Abbhirami

There was once a time when one Indian rupee was equal to the American dollar. Isn’t that amazing! Yes, When India achieved independence in 1947; there were no external borrowings on India’s balance sheet! 

The exchange rate as on 15 August 1947 was 1 US$ = 1 INR. But now USD value and other currency values are rocketing up. If this continues there would be much lag in the economic condition. It can be clearly seen in the statistical reports that USD was ever since the independence, increasing. Today’s value of 1 USD is 63.79 INR. It is totally stunning to see the other countries currency exchange rates. Like this one, 1 FKP equals to 100.26 INR!

We all know that there is always a prevailing fluctuation in the exchange rates but it is really a matter of concern to see some countries in the rocket-bottom. Even though there are multiple reasons for the exchange rates, the main factor that is highly responsible is black money.

The present government has taken one of its objectives as to uproot black money from the country. This is something that is to be welcomed and worth an appreciation. But the actions that are under taken seem to be at bit slower pace. A fast approach on this process is highly appreciable. Real citizens of the country are waiting to see the culprits and the new beginning after that. 

Hoping to see a new India from 2015.