Hindu Bizline Courtesy: The Hindu Business Line
25 February 2015

Tobin tax makes a lot of sense

Rajrishi Singhal, Senior Geoeconomics Fellow, Gateway House, has written an article on the decision of Raghuram Rajan to insert one small restriction: henceforth all foreign portfolio investors investing in debt instruments — issued by government or private sector companies — have to hold on to their investments for a minimum of three years. This article has been republished by The Hindu Business Line