The government and RBI are working on inclusion of Indian sovereign bonds in global bond indices and it may become a reality by the second half of the next fiscal, Economic Affairs Secretary Tarun Bajaj said on Wednesday. The move would attract higher foreign flows as many overseas funds are mandated to track global indices. It will also help bring in large passive investments from overseas, as a result of which more domestic capital would be available for industry as crowding out would be reduced. "We are trying for the first half itself but if not in first half, it can maximum stretch to second half," he told PTI in an interview when asked about the timeline for inclusion of government bonds in global indices.