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Every trader on X suddenly an economic genius: "Cut STT, LTCG, STCG & watch FIIs flood in! Sensex to 1 lakh! Rupee dominance 🚀"
Delusional takes. Slow down folks.
India’s rupee keeps sliding because we are a chronic trade deficit nation — we import crores worth of crude, gold & tech while exporting far less. 📉
Real problems killing us? Reservation, massive corruption & reckless freebies that punish taxpayers who work and reward those who don’t.
This toxic combo is driving domestic talent out of the country.
Secondary market taxes matter, but they’re not the cure.
Only real solution:
Government must aggressively back Indian talent & innovation to build unique, high-value export products.
Aggressively boost tourism with clean, sustainable infrastructure — not broken bridges & photo-ops every few months.
Foreign inflows need real fundamentals, not just tax cuts.
Fix the basics or keep watching the rupee slide🇮🇳
#USDINR
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