<h1>Prime Minister Addresses Rupee Depreciation, Plans to Reduce Deficit and Boost Exports Without Capital Controls.</h1> The Prime Minister addressed concerns over the sharp depreciation of the Indian Rupee, attributing it to external factors like the U.S. Federal Reserve's policy changes and domestic issues such as a large current account deficit. To address this, the government plans to reduce the deficit by curbing gold imports, economizing petroleum use, and boosting exports. Measures are being taken to stabilize the currency without imposing capital controls. The government aims to maintain economic growth through investment in stalled projects, liberalizing foreign investment norms, and fiscal discipline. Despite challenges, the Prime Minister expressed confidence in the economy's resilience and the ongoing reform process.