Swadeshi search for rupee: SJM to hold conference on true value of currency

'It is wrong to say the rupee is overvalued, it is not at all overvalued'

Swadeshi search for rupee value

Not just from the Opposition, there is pressure from within the Sangh Parivar on the Narendra Modi government to address the continuous fall of the rupee. The Swadeshi Jagran Manch (SJM), an economic think tank affiliated to the Rashtriya Swayamsevak Sangh, is organising a conference on the “true value of the rupee” on October 13. The outfit's co-convener Ashwani Mahajan said the Manch was “extremely concerned” at the fall of the rupee and has invited economists, including members of the Prime Minister's Economic Advisory Council, to the conference. He said the Reserve Bank of India (RBI)