Prime Minister Narendra Modi’s administration is addressing a $346 billion debt through longer-dated sovereign bonds with a growing influence of households investing in insurers. This shift has led to a focus on long-term debt sales and substantial participation by insurance sectors, supporting the nation’s refinancing strategies.
Exporters seek removal of cap on interest subvention
Indian exporters are calling on the government to lift the cap on interest subvention. They state current support is insufficient to counter rising global trade