Home / Politics / Policy /  PM to meet industry leaders on rupee, economic revival

New Delhi: Concerned about the Indian rupee’s depreciation and the widening current account deficit, Prime Minister Manmohan Singh will meet industry leaders on 29 July to review steps to revive the economy.

Singh will discuss the current account deficit, industrial growth, the rupee, skill development and the development of industrial corridors, according to an official note from the Prime Minister’s office. These include the Delhi-Mumbai, Chennai-Bangalore and Amritsar-Delhi-Kolkata industrial corridors.

On Monday, the rupee weakened to a record low, breaching the 61 to the dollar mark. Dealers attributed this to the significant strengthening of the dollar globally and weak domestic sentiment.

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