India's policy uncertainty at 81-month high as index rises 4 months on trot

The last time index was this high was in August 2013 as country dealt with so-called taper tantrum. At the time, US Fed had begun reducing amount of money it made available for easy borrowing

A measure of economic policy uncertainty in India rose to its highest level in 81 months.
 

The index closed at 173.3 in May, which was 3.6 times its January value of 48.1, marking the second month of a nationwide lockdown to contain the spread of Covid-19.
 

The last time the index was this high was in August 2013 as the country dealt with the so-called taper tantrum. The US Federal Reserve had begun reducing the amount of money it made available for easy borrowing.
 

This programme of easy money was called quantitative easing (or QE) and was put in place