How Strong Is Indian Rs.

How Strong Is Indian Rs.???

We constantly hear and read about our good old Indian rupee losing its value. We are given a feeling by media that our money is of no value and is falling in abyss. In reality, nothing can be further from truth.

Other day I posted a letter by Indian Speed post. I tracked the letters movement on internet. I noticed that ‘20’ people handled my letter and made 20 entries, movement entries. The letter was delivered in 45 hours at the destination that was 1800Kms away.

I got immediate  intimation of the delivery . The entire service cost me Rs.25 equivalent to US$ 0.45. I  could vividly see how strong the Indian Rupee is.

Strength of a currency is determined by its buying capacity. In half a Cent, you can call from your mobile or land line anywhere in India. You can hire a taxi with starting charge of US $ 0.30 for first 1mile. You can board a local train and travel distance of 60 Kms and pay only $0.20.  In good  top class restaurant, one can eat to heart’s content for less than $10-20/- . Vada-Pav , an Indian Burger will cost you 0.15$ and another 15 cents will give you 200 ml chilled Coke or Pepsi. A 500 gms sliced bread costs only Rs. 16 or 0.30$. The list is endless. Normal family of four can have comfortable living in decent city locale , spiced with some holidays and outings for less than $300 per month. 
In general, Indians are very hard working, resourceful, and brainy people, and they know how to stretch that Rs.

Indian Railway offers 90 days unlimited AC First class travel for US $1060. This includes coupe for two, all reservations and personal attendant.  You get free bed rolls, with crisp clean sheets and pillows. Air conditioned waiting rooms on all important stations  The same ‘90’ days Euro-rail pass costs $2000 and you have to spend at least 30-50 $ daily for reservation, sleeper etc. 

How much stronger can you get?? Rs. is intrinsically very strong, we need some adjustment and changes . These changes are easily possible with little bit of direction, and with huge political and administrative will .

Should we become self reliant in energy, should we buy oil from countries like Iran and Venezuela, which are ready for barter or Rs. dealings,  should we stop exporting brains, should we stop squandering our money on useless things from China and western world, should we start being proud of our own things, and should we get rid of Black Money menace, then who needs to have strong Rs. in relation with Dollar, Yen or Euro ?