An excellent article by @ShankkarAiyar though I disagree on two points - https://twitter.com/ShankkarAiyar/status/1248585290408701953">https://twitter.com/ShankkarA...

1) There is still no justification for raising dollar bonds. India& #39;s currency exchange rate will always be vulnerable to cycles and shocks and we can& #39;t afford to take on the additional liability of currency depreciation

Rather government should focus on tapping into a demand for annuity from pensioners or pre-pensioners with tenor of 25-30 years without return of capital as I have tweeted in this thread https://twitter.com/aswinpalanivel/status/1248502749672566784">https://twitter.com/aswinpala...