Nilesh Shah reflects on reforms and investor returns over the past decade | Political Economy

In this episode of Political Economy with Shweta Punj, Kotak AMC MD Nilesh Shah discusses the reforms implemented over the past decade, and evaluates their impact on investor returns. In the last decade, India has vigorously pursued an India-centric approach, focusing on enhancing its digital ecosystem - which, according to Shah, surpasses that of the developed world. Shah emphasizes that while retaining talent and implementing reforms such as IBC have been transformative, the next government must focus on both ease of living and ease of doing business. He also suggests a focus on enhancing contract enforcement and strengthening judicial infrastructure, and likens the plight of Indian entrepreneurs to that of Abhimanyu trapped in a chakravyuh.