Modi govt to impose restrictions on non-essential imports to check rising current account deficit, falling rupee
NEW DELHI: In the wake of the latest rupee depreciation, Union Finance Minister Arun Jaitley on Friday held a meeting with Prime Minister Narendra Modi where they took ‘stock of the economy’. The issue of expanding Current Account Deficit (CAD) was discussed and the government has decided to take necessary steps to impose restrictions on non-essential imports. Jaitley confirmed that RBI […]
