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Showing posts from April 8, 2022

Future of Indian Economy

Lots of comments and suggestions are coming up about the future of Indian Economy in the post pandemic and Russia Ukraine war but in case of India we have a different scene to manage its own economy. The main part is how to manage the Inflation?  It  is clear from the history of economic restructuring of various Europe, USA ,Japan and Asian countries, their economy is based on how much strong is the currency of that country by itself. The strength of any currency depends upon  the country's debts, Export - Import trade, foreign exchange earning,, money flow within the country. Another way of looking into historical facts of Inflation is that items remain same but as we say it becomes costly. The background of it, we should understand, that it is the value of money, in real terms. which  has gone down.    I had been to UK, Finland, Belgium,Germany not so long in the past. What I could see that their production processes, medical systems, business is going on well. On the other hand,