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Courtesy: Government of India

27 December 2013

Curbing India’s dependence on FII flows

BY Rajrishi Singhal

The extent of the rupee’s depreciation in 2013 demonstrates the Indian market’s dependence on overseas portfolio investments. Can developing domestic institutional bulwarks allay anxieties during similar crises? Is tapping into India’s deep pool of domestic savings, by modifying archaic regulations, an option?