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Entity P. Chidambaram
Palaniappan Chidambaram, Indian politician and former Union Finance Minister.
The viral comparison is broadly grounded but simplifies 2013. Chidambaram argued that high gold imports were worsening a severe current-account deficit, and later government and RBI records said import curbs helped narrow it; in 2026 Modi invoked the same foreign-exchange mechanism amid a different oil-driven shock. The episodes show a recurring external-balance constraint and a…
