Why is the rupee value going down?

Why is the rupee value going down?

If there were no other countries and only Indian currency rupee value would neither go up or down. There is a misconception why the rupee value goes down due to deficits, inflation, or poverty. All of these reason is not why the rupee value goes down, they are the cause of rupee value going down for the govt not being able to take the rupee value up.

The reason the first world countries are doing better than ours is because of entrepreneurship and education. In India today every industry has other countries brands, if you walk into a grocery store there are about 60% of brands which are non-Indian, shopping malls in India have all the world brands while having a only a few Indian brands, restaurant chains, govt spending, cars or any industry have more international brands than India in our own country. Other countries are using the resources in our country for generating more revenue for their own countries. If it was that India can have more brands and be able to generate revenue in the country and in other countries the rupee value would go up.

In first world country they create their own solutions and provide across the globe, using the solutions they create themselves due to which their currency go up. Only entrepreneurship and education in the country, having systems to support across the country increasing entrepreneurship and education we can generate more revenue, create job opportunities and provide future generations education to fulfil their dreams.

IFWC is working to provide 10% of countries revenue reinvested in the country for entrepreneurship for increasing countries revenue and brands across the globe. Creating entrepreneurial policies for everyone in the country to take the rupee value up and removing poverty. Having provide shares to everyone for success of the country, having equal education across the country for kids rich or poor, while having entrepreneurial schools for everyone to grow and create more opportunities.

Take a pledge to take the rupee value up, make the country prosper again, helping spread awareness why there is poverty in the country. For taking a pledge write to us at pledges[at]ifwc.co.in, one of our team members would reach out to you for registering your pledge for removing poverty.

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