However, since 2013 – when the idea of index inclusion was first floated – the Indian authorities have made steady progress in facilitating foreign investment into IGBs. The announcement of IGBs inclusion in JP Morgan’s GBI-EM Global Diversified (GBI-EM-GD) Index is an acknowledgement of that progress from the global investors.
Govt seeks House nod for extra ₹51,463 cr spending
The Indian government has sought parliamentary approval for an additional net expenditure of ₹51,463 crore for the current fiscal year, on top of a previous