21.07.2010 - India: For a sovereign wealth fund
From Indiatimes.com: Should India create a sovereign wealth fund? The debate has been on for the last four years, with those in favour hitting a wall broadly in the shape of the redoubtable former RBI governor Y V Reddy. Reddy’s opposition notwithstanding, there is merit in the proposal, provided we can devise an institutional mechanism that can deploy the funds with integrity and flexibility..............................................Full Article: Source
Print