Inclusion in global bond index: Waiting for Godot?

The wait is indeed getting longer but it's certainly not an absurd drama

In Samuel Beckett’s Waiting for Godot, Vladimir and Estragon wait for the arrival of the mysterious Godot, who continually sends word that he will appear but never does.

After the latest news on JP Morgan Chase and Co’s decision not to include India’s government bond market into its benchmark index, one gets tempted to compare the Government of India and the Reserve Bank of India (RBI) with the two tramps, Vladimir and Estragon, who have been eternally waiting for ‘Godot’ — India’s inclusion in global bond indices.

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