| Home | September 2010News | India Lifts Cap on Foreign Investment in Bonds for First Time in Over a Year |
| |
|
|
 India Lifts Cap on Foreign Investment in Bonds for First Time in Over a Year- India Lifts Cap on Foreign Investment in Bonds for First Time in Over a Year
- September 29, 2010
-
Government of India has lifted the cap on foreign investments in government bonds in order to arrange financing for the infrastructure projects in the country.
India has lifted the cap on foreign investments in government bonds as the government seeks financing for its infrastructure projects. The lifting comes as the first in more than a year as the country's Prime Minister seeks capital for the construction of roads and power plants. Currently, India is positioned below countries such as war ravaged Ivory Coast and Sri Lanka in terms of infrastructure quality.
The Indian government doubled the limit on bonds to $10 billion, the Finance Ministry st...
- View more at: http://www.1888pressrelease.com/india-lifts-cap-on-foreign-investment-in-bonds-for-first-tim-pr-244483.html
|
Previous