India needs ₹1,094 lakh crore to achieve an 8-9% growth rate by 2036 under the Viksit Bharat plan. Of this, ₹323 lakh crore will come from banks and ₹643 lakh crore from the equity market. Domestic savings rates must rise to 33.5%. The government aims to become a $30 trillion economy by 2047.
Can defence and real estate continue to be flavour of the market? Rajat Sharma answers
Rajat Sharma of Sana Securities advises caution on defence and real estate due to high valuations, despite positive market sentiment. He expresses concerns about real