The financial sector in India has come up in a big way
in the last decade or so, with the introduction of new schemes and innovative products, supported by
the necessary policy changes and financial reforms. Along with the innovations in the financial sector, a lot of other schemes are being implemented in the
recent few years, like Startup-India, Make in India, etc. which aim at developing urban infrastructure
and human resources and thus effectively channelize them for the growth path of India . Credit rating
has thus cemented its importance today, both for companies and government bodies.
'Growth drivers for the financial sector' - A report is jointly published by CII – CARE Ratings highlights the various aspects of the Indian Economy and issues affecting its growth. It also explores the different avenues for finance. It aids in understanding the intricacies of the current economic situation and highlights the issues faced, provide insights and details of schemes currently in progress which will chalk out the future course of the Indian economy. The salient features of this report are:
- Indian economic backdrop
- Growth drivers of the Indian economy
- Creating opportunities: start-ups, urban development programs,
make in India and Digital India
- Financing of India’s growth
- New financing instruments - REITS
- Need for credit rating