Traders in India’s government-bond market are calling on the RBI to execute open-market bond purchases and change auction rules after yields remained stubbornly high despite rate cuts. At a meeting with primary dealers, participants proposed switching to uniform-price auctions and urged the central bank to buy up to ₹1.5 trillion (~US$17 billion) in bonds to calm markets and rein in borrowing costs. The demand-supply mismatch, weak long-term investor participation and recent liquidity drains via forex intervention have left yields and funding costs under pressure.