New Delhi: Kotak Mutual Fund Managing Director Nilesh Shah said that India needs to find ways to monetise the massive stock of household gold lying idle while simultaneously reducing regulatory and compliance burdens on entrepreneurs to achieve the goal of a developed nation.
Speaking at a conference organised by the PHD Chamber of Commerce and Industry on geopolitical shocks and financial stability, Shah on Tuesday said India has spent enormous sums on gold imports over the last 25 years.
