NITI Aayog, the government’s policy think tank, is set to unveil a plan to bolster the corporate bond market. This roadmap aims to enhance the depth and efficiency of the market, providing a boost to the overall economy.
The corporate bond market plays a crucial role in financing businesses and driving economic growth. By deepening this market, NITI Aayog hopes to attract more investors and increase liquidity, making it easier for companies to raise funds through bonds.
This initiative is part of the government’s efforts to create a more robust financial ecosystem that can support the expansion of businesses and stimulate investment. A thriving corporate bond market can also help reduce reliance on bank loans, diversify sources of funding, and lower borrowing costs for companies.
With the roadmap set to be unveiled soon, stakeholders in the financial sector are eagerly awaiting the details of NITI Aayog’s plan. By laying out a clear path for the development of the corporate bond market, the government aims to strengthen the foundation of India’s economy and pave the way for sustained growth in the years to come.