India opening the government bond market to retail investors is a milestone for expanding bond markets. It gives the government another avenue to borrow from and investors another safe option, even if not very lucrative. Full bond market integration and separation of debt management functions from RBI should follow soon.
Why news media is in crisis & How you can fix it
India needs free, fair, non-hyphenated and questioning journalism even more as it faces multiple crises.
But the news media is in a crisis of its own. There have been brutal layoffs and pay-cuts. The best of journalism is shrinking, yielding to crude prime-time spectacle.
ThePrint has the finest young reporters, columnists and editors working for it. Sustaining journalism of this quality needs smart and thinking people like you to pay for it. Whether you live in India or overseas, you can do it here.