Foreign Investment in India, Forex reserves hit a high of $411 billion, Current Affairs 2019

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  2. What should be the way ahead?

    According to me, there are various ways of increasing our Foreign reserves. Such as:

    1. Less dependence on crude oil. For ex: Electrification of vehicles, increasing solar energy production, etc. This will be really helpful for decreasing the trade deficit and it will affect the value of Rupee also. The increase in value of Rupee will attract more foreign investments.

    2. Government should remove various percentage bars on foreign investments in some specified markets. That will help to gain more investment which will affect the foreign reserve.

    3. RBI should plan to engage in more currency swap agreements also.

    4. Being the fastest growing economy, we need more refineries or increasing the efficiency of present refineries to its optimum level to convert the crude oil into petroleum products that we can export them and eliminate our trade deficit.

  3. राहुल की हिम्मत की दाद देता हूं खुलेआम देशद्रोह, आतंकवाद, अलगाववाद को बढ़ाने का
    लिखित में वायदा किया है
    अब देशवासियों की परीक्षा है

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