TOPIC: Tools » Institutions » National » India » Dom. Policies » Economy
Category
articles
Date
2013-10-02
Actor
Tapper, James
Source
Global Post
Uploaded date
2013-10-03
Uploaded by

Who Wins from India’s Economic Woes?

In 2013 the India rupee has dropped from 54 to 69 against the US dollar. Many businesses are struggling but some stand to make a profit. The article suggest that those who stand to profit are call centers and businesses process outsourcing (BPO) who earn revenues in dollars. Politicians with electoral funds outside of India also stand to gain a profit from favorable exchange rates leading up to elections in 2013 and 2014.

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