Wednesday, 22 January 2014

A Comment on our Government's efforts to fill Current Account Deficit

My comment on an article "Government picks JPMorgan, Citi, JM Financial to sell $925 million Axis Bank stake" published in the Economic Times Dated 21/01/2014 at 5:28 pm. 


"Let them adopt every means to generate revenue to bridge the gap of CAD. 

9 billion dollars is too big a gap. Even after getting dividend of 3 billion, they still require 6 billion which is very difficult to raise by selling shares. 

But they should try their best to fill the gap."

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