To elevate this entire billion to the higher end of the value chain white collared employment, requires huge investments in basic healthcare, primary secondary and tertiary education, infrastructure for roads,electricity, river water sharing, ecological conservation,High end R&D labs in niche segments, etc for which it requires a strong rupee,but in its pursuit of a strong rupee, it runs the risk of making entire lower end sectors unprofitable and the millions associated with these sectors will go hungry like what is happening with farmers, tea sector workers today.Even in America Workers at the lower end of the value chain getting laid off due to rising dollar is a problem but the govt is able to manage since their numbers are not huge like in India, and there is a social security system in place. The only solution our govt has is to turn protectionist with a rising rupee where cheap imports of products like agricultural produce, raw materials, are prohibited, atleast the domestic market is guaranteed with a minimum purchase price that can sustain life in these industries and subsidies are given along with a tax holiday to make it lucrative for private players as well as foreign investors to invest in rural employment generation. This then goes against the principles of free market economy and the other section of exporters feel the ripple effect when other countries turn protectionist. While the magnitude of our population makes low value,low end job creation a priority
