u/Din_Tan

Although India pays for oil and most major imports in USD, the sharp INR depreciation against the AUD still drives up costs — and the chart is a clear warning of broader rupee weakness.

The ~25% surge in AUD/INR over the past year (from ~55 to ~69) reflects the INR losing ground against multiple currencies, including a roughly 12% slide against the USD. This directly means more rupees are needed to buy the same dollars for oil, electronics, machinery, and other imports. The result: imported inflation that makes every imported good and fuel more expensive in local terms, hurts the budget, and raises retail prices across the economy.

Exporters get some temporary relief, but overall it’s a silent tax on living standards and economic stability. This pace is painful and unsustainable without structural fixes

By removing MBBS seat limits and flooding the market with more graduates, is the NMC truly addressing India's healthcare gaps, or does it risk devaluing the medical profession through rising unemployment, underemployment, and low wages, while failing to fix rural specialist shortages and poor working conditions ?