I would urge market participants to utilize the SDL data being published by RBI to take informed investment decision and also encourage participation of other investors including FPIs in SDLs. Economic and social welfare of citizens is dependent on effective fiscal and debt management by the states.
Ladies and gentlemen, examples are abound. In the process all these generate added income and welfare for the borrowers, the bank and savers, as well as employment, for the store owner, farm workers, builders, teachers and so on. Third, insurance is obtained for the purpose of mitigating risks.