Singh Sees Rupee Recovering on Economic Reforms

Indian Prime Minister Manmohan Singh defended his economic record in one of his strongest attacks on the opposition, saying policy changes in the past year will help stem the rupee’s plunge and revive growth.

Speaking in parliament in New Delhi, Singh accused Bharatiya Janata Party lawmakers of deliberately stalling proceedings and contributing to India’s economic slowdown by impeding reforms. The measures implemented by the government so far will revive investment and the rupee, he said.