Monday, May 26, 2014

Relevant ideas on ministry merging

.............Calibrating exchange rates to help exporters and domestic industry maintain their competitiveness and interest rates to help keep the borrowing rates low are in the realm of the Reserve Bank of India (). The finance ministry interacts with RBI more regularly than the commerce ministry. So, if the subject of foreign trade also falls within the domain of the former ministry, the chances of more coordinated efforts to make exports competitive can be better achieved................

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