Its quite clear why they want to do this at this point of time. The problem is the floating rate of USD/INR as seen by BTC/INR or any stable currency/INR is sli

Its quite clear why they want to do this at this point of time. The problem is the floating rate of USD/INR as seen by BTC/INR or any stable currency/INR is slipping like crazy since they started providing stimulus to economy last year. Its so bad, that there is a hair cut of around 8% regardless of the platform. This is only going to become worse as more money is going to be printed this year to get the economy back on track. No one can call out that the emperor is losing his clothes if they are terminated :)