Stop controlling, Indian Express, 19 December 2011

The RBI has imposed numerous controls on currency
derivatives to prevent rupee depreciation. In the days of command
and control a number of prices, including those of sugar, cement,
steel and the Indian rupee were controlled by the government. A
central them of India's reform after 1991, where the first big step
was a 25 percent devaluation of the rupee, has been getting
government out of setting prices.