India Reforms Update

India is on the path to becoming a developed nation by 2047, with sustained high growth and continuity in reforms being key factors. The government has been working on various reforms, including:
- ease of doing business reforms, with the Centre tightening the ease of doing business reforms
- capital account reforms, which India must finish, as begun in 1991
- urban rejuvenation, with the case for practical, scalable fixes.
The MSME minister has urged banks to facilitate greater access to institutional credit, and the government has scaled up subsidized AI compute access for ministries and research bodies. Some states, like Tripura, are among India's fastest-growing states, and the future of wealth management in India is looking positive, with increasing entrepreneurship and growing participation in financial markets.