How to Strengthen the Rupee?
1. Introducing Rs. 5000/- note ( i.e. western culture method)
2. or Abolishing Rs.1000/- note ( i.e. Indian culture method)
If we introduce Rs. 5000/- note the prices in India has to rise more. If we abolish Rs. 1000/- note the prices will come down. But Indian Doctors (i.e., Indian economists give more preference to International doctors thinking that Indians are not intellectuals.)
Introducing Rs. 5000/- note
In details, If a person gets the biggest denomination of US $ i.e., $100 to India, we have keep 5 no.s of Rs1000/- notes. But What is the printing cost of One $100 note and 5 notes of Rs.1000/- if printed in one country not in two countries. It varies. So, we have to keep 1 Rs.5000/- note in his hand. So we have to introduce Rs. 5000/- But prices should be raised more.
Keeping Rs. 1000/- note with out abolishing.(ANOTHER METHOD)
We should not encourage US $s in India. We should not get dollars to India. Then one day, Indian Rupee will get good strength. But prices will raise little bit.
Abolishing Rs.1000/- note ( ANOTHER METHOD )
We should not encourage US $s in India. We should not get dollars to India. Then one day, Indian Rupee will get good strength. But prices will come down more
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