India presents different picture than 10 years ago, says VP Dhankhar ...Middle East

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India presents different picture than 10 years ago, says VP Dhankhar
source : Business Standard ( Middle East ) () 117
With foreign exchange reserves worth USD 680 billion, India has come a long a way since the time it had to pledge its gold to tide over a financial crisis, Vice-President Jagdeep Dhankhar said on Saturday. Dhankhar was speaking during the inauguration programme of Uttar Pradesh Sainik School in Gorakhpur. "Today's India presents a completely different picture than what was 10 years ago. There was a time when the same country, which was referred to as 'sone ki chidiya', had to pledge its gold in foreign banks. Back then, our foreign exchange was between USD 1 billion and USD 2 billion. Today, it is USD 680 billion. Look at the kind of progress we have made since," he said. India's foreign exc

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