All the messages posted are really inetersting to read. Myself being an NRI have noticed one crucial issue because of Rupee rising. Over the last 6 months there has been a 9% drop in Dollar to Rupee conversion. At the same time we are talking about curbing inflation in India by sticking to this rise in rupee against dollar. My Recent visits to India did not made me realise such a drop in Inflation levels in India, infact the country is going out of control. although Salary levels have been inflated to unimaginable levels, but general Public doesnt seem to be getting benefit out of it. Still the basic infrasturcture,fuel,cooking gas,etc is jumping sky high levels. The interest rates for bank deposits not very attractive, the housing intrest rates rising high. Taxation structure getting very complicated and not in proportion to salary levels being offered presently. There is struggle at every step for even the basic neccessities ? SO WHERE DOES THIS RUPEE RISING BENFITTING GENERAL PUBLIC????????? The Economy going strong because of strong rupee !!!!?????It looks like economy is bulldozing common public instead of making them strong. There is chaos and literally a sense of unrest among those NRI's who are conributing huge funds back home through currency Exchange back to India. They are not only adding to their wealth but at the same also bring in huge foreign exchange back to India. So isnt it right for them benefit being working away from Home. Think about it.....
