Uday Kotak Reveals His $30 Trillion GDP Plan by 2047, and FM Sitharaman Thanks Him

Uday Kotak, a veteran Indian banker, has presented seven ideas for how India might attain a $30 trillion GDP by 2047, the year India will commemorate 100 years of independence.

The Kotak Mahindra Bank‘s Founder and Director highlighted some of the critical reforms that led in the emergence of ‘investors’ in the country.

Companies raised funds on the lesser-known Luxembourg Stock Exchange. The capital market in India was being exported.

Prevent bubbles via legislation, regulation, education, and the availability of high-quality paper.

Two areas that require immediate attention for India’s ambition are acquisition finance and simplification of the IBC/NCLT procedure.

Nirmala Sitharaman, Finance Minister, replied to Uday Kotak’s tweet. “Your experience in the financial sector is well recognized