Why do we need to make the Indian Rupee stronger? How?

A stronger currency implies a more robust economy like The US/ EU. A stronger currency has more purchasing power, like the Euro/ USD, which means one can buy a bread loaf for Re.1/- alone. This will make any native in India afford at least two meals per day.

Now, let me jot down the points on how to make our INR stronger:

1. Stop selling your vote to a corrupt politician who loots the public money after coming into power. Seeing this kind of corruption from the voter will only lead to further under-development.
2. Politicians should remember, “ Teach a man to fish, and you feed him for a lifetime.” by not promising loan waivers to farmers every election time. Let the farmers start industries like Fruit juice brands themselves and make more money. Making our public self-reliant is more critical. This bottom-up approach will make our economy stronger. MSP is a ruse to make Indian farmers depend on the Government of India. Let them produce their crop and sell them wherever they like and at the best price. This kind of self-reliance will make them more responsible. I agree that universal insurance for farmers from the GoI will help all parties in case of calamities. The recent law allowing farmers to sell anywhere will help the farmers to sell online at e-Tailers like Flipkart/ Amazon/ Reliance and make more money.
3. Stop buying cars that are imported. Thus saving foreign exchange and also increasing your bank balance. This will save petrol and diesel imported using our foreign reserves. Ola has an option or capability of upgrading all their vehicles to LNG/ Hydrogen (futuristic).
4. Stop buying gold too much because even gold is imported. Such a purchase will only make corrupt politicians much more prosperous, for they have stored their gold in Swiss banks’ vaults.
5. Stop migrating abroad and discourage brain drain and a current brain dump. Let their teachers guide our students and youth to be different and make something different and beneficial to society. This kind of culture is more prevalent in the US of America. To be ' American have to go to the US.
6. Invite more FDI (Foreign Direct Investment) so that these financial institutes will ensure a strong rupee; otherwise, they will lose money during exit. For example, if a corporation has invested USD1 billion (INR72 billion, current exchange rate) and if the rupee depreciates to USD1 = INR90, then the investing corporation will lose USD200 million [USD1 billion — INR72 billion/90 = USD1 billion — USD800 million].
7. Stop fighting with your neighbours like Indiots (Indian Patriots). Be good to your neighbours and stop wasting money on imports for defence. This is how Pakistan is doing, and they are constantly fooling us into wasting our tax money on defence imports. Isn’t Kuwait safe? Isn’t Switzerland safe? The Britishers intentionally ensured we were divided and conquered by creating India and Pakistan. Let us come out of this trap and make friendly investments in Pakistan. If I were the PM, I would invest USD10 billion in Pakistan rather than wasting USD100 billion on our defence. We have to learn from The US and Canada on this matter. I don’t want any farmer or soldier to die because of calamity or war. Jai Kisan! Jai Jawan!! Jai Hind!!!

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Originally published at https://www.samanitam.com on December 30, 2020.