India has earned a higher grade than several American, European and Asian markets such as Belgium, Canada, France, Germany, Hong Kong, Spain, Singapore, Italy, Mexico and Taiwan.
The recurring deposit comes with the option to deposit a pre-specified amount at pre-decided intervals. Investors get to choose the fixed amount that they want to invest every month.
Even as India is seeing a demand-driven slowdown, the government can’t change the fiscal path to boost growth as it may have to then lose its credibility, Sanjeev Sanyal, Principal Economic Advisor in the Ministry of Finance, said.
PSU Disinvestment: Central trade unions have opposed the Modi government's proposal to shutdown the State Trading Corporation and Project & Equipment Corporation.
