evidence: Compared to this, we now see the inflation scenario during NDA (Modi Government) era. As per CPI measure, inflation has remained lower at 5.11% while it was 7.57% under UPA. We then we compare the GDP deflator figures, which we find from our calculation to be equal to 3.19%. The main reason for this low inflation for the entire seven years was the period of demonetization as during the demonetization period, the inflation rate was very low, just 1% during 2016 and 2.8% during 2017. Since this inflation rate was slightly lower than US inflation rate of 2% for the entire two years, rupee became slightly stronger. The principles of economics are working. But after March 2018, the weakness of lower inflation became visible to international investors and rupee sharply depreciated. [...] Internationally also, Dr. Manmohan Singh Government had performed much better when compared to the Modi Government in attracting economic investments. Even though the Modi Government has altered the domestic calculation index for GDP and Inflation to show a better picture, international figures are completely reliable as they can not be manipulated by the domestic governments since exchange rates are traded daily. India has seen better economic performance and perception during the Manmohan Singh Government in almost all aspects when compared to the Modi Government. - https://www.indiabudget.gov.in/economicsurvey/doc/Statistical-Appendix-in-English.pdf - https://tradingeconomics.com/india/inflation-cpi - https://www.google.com/search?q=exchange+rate+dollar+to+rupee&rlz=1C1CHBF_enUS834US834&sxsrf=AOaemvJLApHUnQXmNy2x8hIJKIVq464nYg%3A1631641979141&ei=e-FAYcrwB4jm_QaBobLwDQ&oq=exchange+rate+dollar&gs_lcp=Cgdnd3Mtd2l6EAEYATIFCAAQgAQyCwgAEIAEELEDEIMBMgoIABCABBCHAhAUMgoIABCABBCHAhAUMgUIABCABDIGCAAQBxAeMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDoHCAAQRxCwAzoHCCMQsAIQJzoICAAQCBAHEB46BggAEAgQHjoECAAQDToJCAAQDRBGEIICSgQIQRgAUIv4AljokQNguLADaAFwAngAgAG2AYgBsQ6SAQQxLjEymAEAoAEByAEIwAEB&sclient=gws-wiz