Will the central government increase import duties in the budget to prevent the depreciation of the rupee?
The fall of the rupee against the dollar has almost continued. Recently, the dollar has increased by 66 paise to 86.70 taka in an unprecedented manner. Although the Indian currency has improved somewhat on 14th and 15 January. These two days have decreased by 30 paise to Rs 86.40. In this situation, the advisory firm EY said on Wednesday that the most dollars are spent in India to meet the price of imported goods. Therefore, if imports increase, the demand for dollars increases. Therefore, the government may increase import duty in the next budget. In addition, foreign investment companies have withdrawn capital from the Indian stock market. As a result, the demand for dollars has increased due to their continuous sale of shares for the last few months. Moreover, imports have increased in the country. Due to this, the demand for dollars has increased. As a result, the price ofWill the central government increase import duties in the budget to prevent the depreciation of the rupee?...