Dear Editor, Subir Roy has done a fantastic job in analyzing the currrent situation & putting forth his recommendations in a simple & direct manner. Kudos to him, well done. I wish this is implemented. Among other things, I have long been wondering why retial investors have been allowed to invest only Rs 1 Lakh in IPOs. If we allow the retail Indian people to participate more, it insulates us from these FIIs actions & gives us a better chance to build wealth domestically.
May we have more such thought provoking & effective articles from u, Subir!!