‘Shock coming, prepare for the worst’: Industry leader Uday Kotak on India impact of US-Iran war
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Legislative action — a bill, act, or amendment that creates or modifies the legal framework. Carries binding force and shapes the rules under which citizens, institutions, and markets operate.
Summary
India needs stronger financial discipline at both the government and corporate level, Uday Kotak has said.
Key Facts
Type Legislation
Source Hindustan Times - India
Published Tuesday, 12 May 2026
Affected Population ~350 million BPL population, 140 million elderly
Key Numbers
PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
Rs 15,000 crore for Digital India initiatives
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right