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Unshackling India’s Domestic Capital Base

Harsh and I have co-authored a piece on why India should expand the participation of domestic institutional investors in the equity market:

India’s economic growth has been achieved on the back of sustained investment and improved capital allocation in the economy made possible by structural reforms. However, we are once again approaching a scenario where India may be heading into an investment famine, which would then translate into sub-par growth.
But India is being starved for investment just when several domestic institutions have significant investible capital but are barred from deploying this capital in the economy as equity investors.
More here.