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We should not worry about appreciating Rupee against USD
by ASHOK on Jun 20, 2007 11:21 AM

We should work more towards reducing the cost of production of our produce.
In Domestic arena it will curb Inflation and for Exporter he can still sell his product as his margins remain healthy despite lower returns on USD vs INR.

This can be done if we rationalise the energy cost. i.e cost of Diesel / Petrol.

Cost of Petrol is kept high to cross subsidise Kerosene and LPG.
Which is a big farse. POOR man does not get adequate Kerosene as Kerosene is diverted by powerfull politicians toward Petrol & Diesel Adultration. Resultant black money is used for antisocial activities.

It is also a big illusion that lowering the cost of Kerosene we are doing any favour to poor man. Poor man does not stop producing children and increasing the load on him self & society.
He wants more and more things for free, including subsidised bus transport, free immunisation programs, free food for children , free books and fee schools. SC/ST/OBC want Reservation also.
Govt. has to work on educating poor man to curb family size and pay for the commodities at market rates.

India becomes more strong and India's internal devils get weeded out

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The above message is part of the Discussion Board:
Rise of Re: What India must do