We are moving to a world where power is power,” he added. Kotak also underscored the need for India to manage its current account deficit and enhance domestic competitiveness to withstand foreign capital outflows.“What are we going to do about the mix of our current account especially if the United States wants to equalise?
Samir Kamat, Secretary, Department of Defence R&D, Ministry of Defence, and Chairman, DRDO, stressed the necessity of private sector participation in research and development (R&D).“Private sector involvement in both production and R&D is absolutely essential for India to become Atmanirbhar and a global technology leader, as envisioned by our Prime Minister.
Startups and MSMEs play a crucial role in disruptive technologies, an area where government entities often struggle to adapt quickly," Kamat said. New paradigms in financial reporting Ajay Bhushan Pandey, chairperson of the National Financial Reporting Authority (NFRA) emphasised the importance of auditing and the need for oversight of auditors in India’s aspirations of becoming a 'Viksit Bharat'.
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