India’s rupee is underperforming despite strong economic fundamentals, according to the Economic Survey. Tepid foreign investment has led to a balance of payments deficit, weakening the currency. Uncertainty surrounding a US trade deal also plays a role. The survey highlights the need for proactive reforms to attract much-needed foreign capital for sustainable growth and rupee stability.
Budget not a magic wand for growth; focus on reforms and fiscal discipline: Swaminathan Aiyar
Economist Swaminathan Aiyar argues that India’s strong economic growth is a result of long-term structural reforms, not short-term budget adjustments. He advises the government to
January 30, 2026