Rupee a boon or bursts Explain
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Organic food market is one of the fastest growing businesses in India with increase in demand due to the perceived advantage of such food. Even the Indian government is promoting organic food in the country through National Project on Organic Farming (NPOF) scheme. Launched in October 2004 with an initial outlay of Rs 57 crore, NPOF scheme continues till date with substantially enhanced budget.
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The weak rupee is actually a boon, not a burst.
• It is an unappealing viewpoint for the whole nation. But, at an individual level, the rupee deflation has come as a boon for certain people and a bane for others.
• The fall or weakness in the Indian rupee comes at a time when Indian stock markets have dropped more than 18 % in the last 4 transaction sessions
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