PM’s appeal was for intelligent substitution of consumption of import-heavy goods: PMEAC member

If the country can reduce forex outflows by 10% in a year, we will be saving close to ₹2.5 lakh crore of foreign exchange outflow per year, says Gourav Vallabh, member of the Economic Advisory Council to the Prime Minister; he adds that the Prime Minister’s call for a considered change in consumption pattern was an appeal above all else

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