India will start adding a trillion dollars to its GDP every 18 months – thereby putting the economy well on track to be a 25 to 30 trillion-dollar by 2050, says Gautam Adani
It is only by connecting the country’s jump on the World Bank’s Ease of Doing Business rankings and its growing startup ecosystem that the India story can be better understood.
At a time when the economy is struggling, it is important to remove doubts over the sanctity of contracts and consistency in regulations, which can deter investments from flowing in.
Seasoned investment banker Aisha de Sequeira says interest in India-listed companies will increase considerably if rules in the country are consistent with those in global markets.
The new chief economic advisor, Krishnamurthy Subramanian, will have to strike a balance between fiscal prudence and an administration that is likely to dole out sops ahead of the general election.