Govt of India to take following steps/measures immediately to - TopicsExpress

Govt of India to take following steps/measures immediately to check the further depreciation in Rupee against dollar and reduction in Current account deficit, 1. Like land acquisition bill, GOI to bring Gold acquisition bill and pay the owner twice the market rate of gold. Sell the acquired gold to overseas countries and increase the dollar inflow. 2. For the time being say 1 yr complete ban on gold import. 3. Settlement of export- import transaction with neighboring Countries in local currency. 4. Change of policy from consumption expenditure to Investment expenditure. 5. Defer Food security implementation plan for next 12 months 6. Govt to clear infrastructure projects, address the supply side bottlenecks to boost GDP.

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