Kotak Urges Fiscal Discipline for Viksit Bharat 2047

Kotak Urges Fiscal Discipline for Viksit Bharat 2047

Veteran banker Uday Kotak has outlined a seven-point roadmap for India to achieve its Viksit Bharat 2047 goal, urging stronger fiscal discipline, financial-sector reform and expanded domestic manufacturing. Speaking at a Finance Ministry conference, he noted India's consolidated fiscal deficit exceeds 7%, versus about 6% in the US, and called for household gold to be put to productive use.

Source: Mint

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