Apart from the State Finance Secretaries, senior functionaries of the Government of India, the Comptroller and Auditor General of India, the Controller General of Accounts and the Planning Commission as also heads of select departments of the Reserve Bank are invited to the Conference. There are occasions when fiscal experts such as Mr. A. Premchand, Mr. M.S.
Already in the middle of this decade, the fear that a large proportion of market participants may have become excessively complacent – a situation which may well have been exacerbated by high levels of liquidity, the stability of which is difficult to predict – was real.