The Union Government and the Reserve Bank of India have rolled out targeted economic measures to stabilize the rupee and attract foreign capital, including tax exemptions on interest income for foreign portfolio investors (FPIs) investing in government securities. Additionally, commercial banks have been given fresh incentives to draw in FCNR(B) deposits, and the mandatory window to bring back export proceeds has been cut down from 15 months to 9 months. While these temporary interventions will provide immediate short-term relief, financial experts warn that durable currency strength remains highly dependent on long-term structural factors such as lowering domestic logistics costs, stabilizing foreign direct investment, and boosting core export competitiveness against global market disruptions.