The government is not keen on India’s inclusion in global bond indices, a finance ministry official told Business Standard, amid speculation that the incorporation might get deferred to next year. The official said the government was neither having any dialogues, nor taking any specific steps towards it.
“We are not working to be included in the global bond indices. Nothing is being changed to get bond inclusion. We have not taken any step on the inclusion of G-Secs in the bond index. We are not even convinced that it’s a necessary thing. If others like JP Morgan are taking steps suo moto, that is up to them, but we are not doing anything in this direction. If it (inclusion in