The India Rupee was in the low to mid-50s against the Dollar back in 2012. As of now, it's valued at 62.31 to one Dollar. Last year, the Rupee fell as low as 68+. The IMF and WB will take the average value of the rupee in the year 2013 and compute Dollar-denominated GDP base on that.
In other words, not good, not good at all.
But, as they used to say, 'slow and steady wins the race', provided that India is not racing in the wrong direction.
Slow and steady as she goes... Chuckle.
Thanks for spending so much time on Indian news daily, going through so many papers to filter the type of news you wanted to see and posting as new threads. Appreciate your enormous efforts and interest you are showing on India. Keep it up.