Indias debt market not equipped to finance next phase of growth, needs structural reforms Deloitte
News Source : The Times of India
News Summary
- India's debt market is currently ill-equipped to fund the nation's ambitious economic growth targets, a Deloitte report highlights.
- To achieve a USD 7.3 trillion economy by 2030, structural reforms are urgently needed to boost liquidity, improve price discovery, and encourage broader investor participation.
- The report emphasizes the necessity of market-driven interest rates and making domestic currency markets more appealing to global investors to bridge the growing capital demand gap.
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