Discuss the objectives of External Commercial Borrowings and the policy of the government in this respect. Also discuss the trends in the External Commercial Borrowings in the last 5 years with relevant data.
ECB, or External Commercial Borrowing as it is known in its extended form, is an instrument that helps Indian firms and organizations raise funds from outside India in foreign currencies. Indian corporates are permitted by the Indian government to raise funds using External _____ _________ _________ ______ _______ _____ _____ _________ ___.
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