Expand the investment options of Indian households: it’s an idea whose time may finally have come
· livemint.com
While hard restrictions on retail investors investing money abroad have served the country well so far, it's time for a change. Let’s ease capital controls so that market forces can reward investors and reduce India’s macro instability on the external front.
In the last two decades, the Indian equity market has performed well. It has outperformed other emerging markets, including China’s. Yet, in this period, whil...