• India's government bonds were **included in the JP Morgan Emerging Market Local Currency Government Bond Index (EM LCGBI) in 2024, marking a significant milestone for the country's bond market.
• This inclusion enables global investors to gain easier access to Indian government bonds as part of their emerging market portfolios.
• The JP Morgan Emerging Market Local Currency Government Bond Index tracks local currency-denominated bonds from emerging market countries, providing a benchmark for investment.
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