Economy Important Issue For Polls: Subramanian Swamy
  • Elizabeth George
  • Sep 25 2013

September 25: Subramanian Swamy, Former Commerce Minister and Senior BJP Leader, says, “Most of the issues today are directly related to market regulatory dysfunction.” Economy can't be laissez-faire; it needs to have transparent regulation, he says, adding that the rupee’s fall was more due to short-selling rather than a demand-supply mismatch. If RBI had used even $20 billion of its ample reserves, it would have had a big impact on the rupee, he adds.