sameeksha Current Issue : VOL 45 No. 10 March 06 - March 12, 2010    See Full Contents>>
     Article Details
    Mumbai as International Financial Centre   (9th June 2007)
     T T Ram Mohan
          Is an international financial centre in Mumbai such a big deal that all policymaking should be oriented towards this objective? This is the fundamental question that needs to be addressed in evaluating the report of the high-powered expert committee on Mumbai as an IFC. By that yardstick, the committee fails to provide a convincing argument that an IFC is necessary to sustain an 8-10 per cent growth rate.


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