the corporate bond market as well as the ability of the equity market to finance infrastructure requirements.
On tax collection, he said low corporate profitability was impacting revenue realisation. “Corporate profit earnings are not growing at pace; it was growing in past. We hope we will start picking up once again and that should add buoyancy. (If) people are not making money as much as they were then clearly it is going to impinge on that kind of revenue,” he said.