Why it's a good thing that RBI’s swap facility for overseas-Indian deposits is closing early

Mint has reported a new India-focused economy development: “Why it's a good thing that RBI’s swap facility for overseas-Indian deposits is closing early.” The publisher's feed describes the story as follows: The scheme has been a success but it’s far from costless. In any case, Indian policy must focus on a lasting solution to the country’s current account deficit, which demands action on two other fronts. Treat the cause, not the symptom. Intellectual Janata Party includes this item for publi
Intellectual Janata displays only original summaries of externally sourced news and links readers to the original publisher.


