The Economic Times

India's debt market not equipped to finance next phase of growth, needs structural reforms: Deloitte

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.