The whole report is about China and India's pogress.
Mudy you have highlighted the areas of weakness in India per the report and pointed out measures and remedies. Need to put in more detail.
Also need to figure in how much is this a psy-ops to make the two countries feel good or rouse passions in other areas.
I think the rupee will become the defacto currency in BMIST, SAARC and the IOR by that time. For that the govt has to double the reserves and hold more of it in gold. In an earlier era the Moghul ashrafi was the defacto currency in the Gulf region. The colonial experience wiped that out.
Also how many people understand significance of the sterling crisis right before the Independence in 1947?
Mudy you have highlighted the areas of weakness in India per the report and pointed out measures and remedies. Need to put in more detail.
Also need to figure in how much is this a psy-ops to make the two countries feel good or rouse passions in other areas.
I think the rupee will become the defacto currency in BMIST, SAARC and the IOR by that time. For that the govt has to double the reserves and hold more of it in gold. In an earlier era the Moghul ashrafi was the defacto currency in the Gulf region. The colonial experience wiped that out.
Also how many people understand significance of the sterling crisis right before the Independence in 1947?