Natarajan, All this economic and fundas are good in the theory classes. Lets see something practically right. I mean the common man is least bothered about the laws of economics. The point I am trying to make is simple. Despite the rupee appreciation how much of the benefit has been passed on to the common man. Don't give excuses like govt is controlling and blah blah other factors. My point is simple, whatever is the condition of the rupee, the government will for sure maintain an equilibrium. The government was giving sops to exporter due to this rupee appreciation, where do u think this money is coming from? again from the common man. So all and all, u will notice there is not going to be any difference. If u can give me more practical examples than just economic theory, I could be more convinced.
