Reacting over steep rupee fall, Manoranjan Kalia says inflation likely to rise further

Author(s): Rajat KumarJalandhar , August 27, 2013: BJP national executive member Manoranjan Kalia, MLA has said Indian Rupee values at the 66-24 per Dollar, which is really a serious matter. In a statement here today, he apprehended that...

Reacting over steep rupee fall, Manoranjan Kalia says inflation likely to rise further
Author(s): 

Jalandhar , August 27, 2013: BJP national executive member Manoranjan Kalia, MLA has said Indian Rupee values at the 66-24 per Dollar, which is really a serious matter.

In a statement here today, he apprehended that inflation would further rise in the future. He also feared that India’s import would cost more where as the exporters would be benefited in the future.

Further, he said the problems of Balance of Payments might arise in the future, and asserted that there was a dire need to review the economic policies to strengthen the Indian Rupee against Dollar.

Date: 
Tuesday, August 27, 2013