India not desperate to get bonds added to global indices, says govt official

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The Centre is not “desperate” to get Indian government bonds listed on global indices and will stick to its stance of not granting tax exemptions that have been sought to facilitate the move, a senior official said.

“As much as people would like to believe that India is desperate (to get listed on global bond indices)…we are not desperate,” a senior official told Moneycontrol on condition of anonymity.

“I agree there are benefits from getting listed on these indices, but not at any cost. We are open, we will talk. But we can’t be told to do this, do that,” the official added.

Source from; https://www.moneycontrol.com/news/business/economy/india-not-desperate-to-get-bonds-added-to-global-indices-says-govt-official-9111241.html

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