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Submitted by Jayanta Roy Chowdhury on

Well written, well argued ... Everybody will agree with you that we need to change to get rid of the feeling that `petty corruption and harassment are the new normal'. As they will on your prescription on promoting exports. Your suggestions on medical-tourism are innovative. (I have always personally advocated that we should relax short term/transit visa rules for neighbouring countries to promote India as a travel hub, the way Singapore or Malaysia have done.)
However, these are all long term measures. What would you suggest for the immediate short term? How does one rescue the rupee? A sovereign bond? Another high cost NRI bond? Selling the gold stashed in Tirupati? (the last one is a bit of a joke, which may yield results if taken seriously!)
Or would it be wiser to let the Rupee to sink further even if it means more pain?