Prime Minister Narendra Modi’s appeal to the public and the foreign exchange expenditure involved
If the public follows the PM’s appeal, India’s foreign exchange reserves can be conserved, as all these commodities have to be imported.
The United Arab Emirates orders Pakistan to repay Rs 16,000 crore loan
The time has come for Pakistan to beg the world with a bowl. Its foreign exchange reserves have run out. In this backdrop, it is impossible for Pakistan to raise $2 billion by 17 April.
Reports of a “lockdown” are rumours : Union Government
The government is ensuring the proper supply of fuel, energy, and other necessities across the country. – Petroleum Minister Hardeep Singh Puri
From Massacres to Market Pressure : How India Can Trigger Economic Shockwaves to Halt Persecution of Hindus in Bangladesh
A total shutdown of land, sea, and air access would likely wipe out a substantial portion of this export revenue. A prolonged closure of India’s land routes, etc. could push Bangladesh toward higher debt risk and potentially a debt crisis !
Public anger erupts in Iran due to economic crisis
Due to rising inflation and the devaluation of the national currency, thousands of people are protesting, and the movement has now spread to many cities.
UAE denies issuing visas to Pakistani citizens
Pakistani individuals are also involved in Jihadi activities; it would be wise to consider tighter restrictions on such individuals worldwide.
US lifts import duties on over 250 food products !
Because of this decision, India’s agricultural exports are expected to receive a direct benefit of approximately 26,000 crore rupees.
Tomatoes at ₹600 per kg, ginger at ₹750 per kg in Pakistan !
In Rawalpindi, small vegetable vendors have stopped selling tomatoes, peas, ginger, and garlic due to soaring prices.
Does the government not have enough funds? Why must it beg?
After the recent plane crash, Professor Muhammad Yunus, Chief Advisor of the interim government, faced criticism for appealing for donations.
Significant reduction in people below the poverty line in India : 45% of Pakistan’s population is below the poverty line !
According to World Bank data, India’s poverty line has decreased from 27.1% in 2011-12 to 5.3% in 2022-23. During this period, 26.9 million people out of 344 million people came out of extreme poverty.