Achieving net zero emissions need $18 trillion investment, says Rajaraman
India’s growth and policy environment have gained the trust of foreign investors, which is expected to lead to further growth according to K Rajaraman, IAS, Chairperson of the International Financial Services Centres Authority (GIFT CITY).
“The Government’s goal for India 2047 with the recent reforms have put the financial sector in a good position,” he explained during an interactive session organised at PHDCCI 14 Feb while discussing India’s growing reputation as an economic powerhouse.
“Many believe that India holds the key to the future global economy,” he underscored.
Initiatives like financial inclusion reforms and micro-insurance schemes have helped uplift the less privileged sections of society, said Rajaraman, continuing, “This trend will continue in the next 25 years, however, with more focus on education and healthcare sector.
“Achieving targets like net zero emissions will require significant investment in social, economic, and infrastructure sectors, estimated at around US$18 trillion.”
GIFT City offers an attractive platform for businesses and entities seeking capital and growth opportunities, with regulations updated every three years. “We encourage entities and businesses to explore the opportunities offered by GIFT City, which also provides a tax-efficient platform,” underlined Rajaraman. Fiinews.com
