The Economic Times

Uday Kotak calls for committee to address India's gold imports, sees FY27 bill at up to USD 90 bn

Uday Kotak urged India to address its substantial gold import bill. He projected gold imports could reach USD 88-90 billion by FY27. Kotak also highlighted the need for further fiscal consolidation efforts. He advised leveraging global uncertainty for accelerated reforms and investment. Strengthening Centre-state coordination is crucial for national resilience.