The scheme is crucial to boosting the broader Indian economy which has been starved of private investment for nearly a decade and is struggling to create adequate jobs, particularly in manufacturing.
Capital markets regulator Sebi’s chief Tuhin Kanta Pandey on Thursday said there is a need to “accelerate” monetisation of government-held assets in sectors such as
National Commodity and Derivatives Exchange’s unlisted shares are experiencing a significant surge. This increase follows Securities and Exchange Board of India’s approval for equity products.
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