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Government aims to boost India's weight in MSCI Emerging Markets Index

India's weight in the index has risen 180 basis points to 8.1%, from 6.3% only four years earlier

Ashley Coutinho  |  Mumbai 

The government is looking at ways to boost India’s weight in the MSCI Emerging Markets Index. It has appointed a team of officials from the finance ministry, the Reserve Bank and the Securities and Exchange Board of India (Sebi) to achieve this, said sources.  India’s weight in the index has risen 180 basis points to 8.1 per cent, from 6.3 per cent only four years earlier. However, in the past month, it slid from an earlier high of 8.7 per cent, after demonetisation and the resulting turmoil, said market players. “A case is being prepared to ensure India gets ...

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