Macroeconomics:

Macroeconomics as the name suggests is a branch of the economy that deals how the macro bodies
such as the economy.

Inflation:

Inflation is one of the key topics in macroeconomics, it is the primary aspect as to how the value of
money is determined.

We have been seeing that the value of the rupee is declining every day. The value of the currency
depends on various factors such as imports, exports, interest rates, foreign exchange reserves etc., The
income levels of the people have an impact on the currencies through the consumer spending. When
people start making more money, they tend to spend more which in turn increases the demand for
imported goods and foreign currencies, this leads to the weakening of rupee over other currencies.

The government has come up with the campaign “Make in India” to address this very issue. This will lead
to consuming locally made products which in turn will mean stronger rupee and this will also tackle with
the issue of unemployment. In the long run, it will also increase the exports from India thereby further
strengthening the rupee against dollar or any other foreign currency.