Today, the price of $ 1 has gone up to 68.76, but if the value of ₹ 1 is equal to $ 1 in the future, then India will have many advantages and disadvantages.
profit
If the price of rupees is equal to the dollar, then the biggest benefit will be that all the items found in India will be very cheap. Because most of the goods in India are imported from abroad. Friends, if ₹1 becomes equal to one dollar, then India's biggest problem, inflation will end forever.
Loss
If ₹ 1 equals $ 1 then foreign companies who invest in our country will then close their investment. Now foreign companies who are investing, get labor in India at cheaper prices, which will not be available after ₹ 1 $ 1. Foreign companies mostly invest in IT sector in our country and 25 percent employment in India is from IT sector. If foreign investment ceases, then 25 percent of the people in India will be unemployed.