RGESS A Non-Starter: Standing Committee
  • Elizabeth George
  • Sep 19 2013

September 19: The Rajiv Gandhi Equity Savings Scheme was launched by the government with much fanfare last year. But over a year since it was first announced by then-finance minister Pranab Mukherjee, the scheme has received a poor response. Now, the Parliamentary Standing Commmittee on Finance has recommended a complete review of the scheme. Bloomberg TV India tells you what prompted this comment and how the situation is expected to play out.