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India s inclusion in JPMorgan Bond Index may spur inflows of $23b: FM Sitharaman

Finance Minister Nirmala Sitharaman has stated that JPMorgan s decision to include Indian government bonds in its emerging market debt index could potentially bring in around $23 billion in annual inflows. She highlighted the importance of political stability, policy consistency, and decisive reforms in driving India s economic growth. Sitharaman also emphasized the need for futuristic and reform-oriented policy-making to support business growth. The minister s comments come as India is projected to remain the world s fastest-growing economy in 2023-24, with a growth rate of 6.1%.

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