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RE:INDIAN ECONOMY
by Seenu Subbu on Apr 29, 2007 08:28 PM

My neighboring slum residents cannot afford to buy "luxury items" like toothpaste and shaving cream that costs Rs.50 to Rs.100 (forgive me, the prices were from my last visit in 2004). When the rupee appreciates to "1RS=40$", they will either have to roll over and die, or they will come and attack the haves. You seriously think India can achieve "1RS=40$" without taking care of the 650 million unwashed masses?

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The great Indian rupee trick