Many countries use Rupee as their currency. Since India is growing economically, it can consolidate the countries which use rupee into a Rupee Zone, similar to Euro zone. The advantages and disadvantages of having single currency such as Rupee is similar to EURO. India is already a member of SAARC, which predominantly uses Rupee. Indonesia can be included in this group. As a fast growing and populous economies India and Indonesia can play leadership role on this. It will help tourism, trade and better relations. How to allocate the currency. Each countries GDP based on PPP can be combined and based on each countries contribution the value can be assigned. While introducing the currency itself measures should be taken and funds should be allocated at least for the first decade to monitor.
Disclaimer: I am not an Economist. These are my personal views.
Quote by unknown: Good minds never become academics. Only people who cannot make money by other means and/or who does not know other subjects except the subject in hand become academics. Even then some one with good mind is an academic then he must have made money already and have taken up academic position as a hobby.
