The Economic Survey of India, 1997

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Current Portfolio Restrictions: GIC1
[TABLE 4.8]

 

    (per cent)
 

Investments in:

 

(a)

Central Government securities, being not less than

20

(b)

State Government Securities and other government guaranteed securities, including (a) above, being not less than

30

(c)

Housing (loans to HUDCO and to state governments for housing and fire fighting equipment), not less than

15

(d)

Market sector (subject to prudential and any other guidelines, and provisions of the Insurance Act),not more than

55
     

1

Effective from April 1, 1995

 

 

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The Economic Survey Of India, 1997

Document released by the Ministry of Finance, Government of India, on 25th February, 1997.
Made available on the Web on the same day, by MediaWeb India, on
The Indian Economy Overview (http://www.m-web.com).

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