Budget 2019 should not affect value of rupee: Government to emissaries

Government emissaries tapping into foreign investors have been advised to ensure its Budget priorities do not adversely affect the value of the rupee, which means keeping a leash on fiscal deficit. 
 

This is particularly necessary the investors have said, for India to push for more foreign investors to pick up stake from the bankruptcy-hit companies. 

Government emissaries had met a spectrum of foreign investors in the past couple of months to figure out ways to draw in more capital into the economy.

The investors have agreed that other than the capital markets through which foreign investors have typically pushed in