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IMF

Exchange Rate

In the complex world of international finance, the recent reclassification of India’s exchange rate regime by the International Monetary Fund (IMF) from “floating” to “stabilised arrangement” has sparked a spirited disagreement between it and the Reserve Bank of India (RBI).

The 14-year gap

Political consensus has not developed yet on the issues relating to land acquisition and labour laws. Resistance of different groups against land acquisition for open cast coal mine at Deucha-Panchami near Sainthia in Bengal is indicative of the fact that we have not moved an inch from the days of the Singur agitation when it comes to the issue of land acquisition. Various stakeholders are still opposed to the new labour laws