Bloomberg’s index decision on whether to include Indian government bonds in the Bloomberg Global Aggregate Index is being delayed, according to multiple reports. Outlets say the delay continues India’s efforts to attract more foreign portfolio investment through broader index coverage. The index provider acknowledges reforms India has introduced to improve market access for eligible international investors. In particular, sources report that India has removed withholding tax and capital gains tax for foreign investors who meet the criteria to invest in government bonds. The changes are described as an enhancement to the post-trade framework, which relates to how transactions are processed and regulated after execution. While the reports confirm the decision is not being implemented as expected, they do not give a definitive timeline for when Bloomberg will revisit the question. The articles collectively portray the situation as ongoing and contingent on index-provider evaluation of India’s eligibility and market infrastructure reforms rather than immediate inclusion.