Committee Chairman Dr. Bhartruhari Mahtab Member of Parliament(Cuttack)
In a historic and forward-looking policy submission to Dr. Bhartruhari Mahtab, Chairperson of the Parliamentary Standing Committee on Finance, top leaders from India’s Web3 ecosystem have outlined a bold national roadmap to transform India into the Blockchain Capital of the World by 2035.
The delegation—led by representatives from Digital South Trust, KoinBX, Bharat Web3 Association, CoinDCX, BlockOn, and Hashtag Web3—highlighted how India can unlock a $100 billion Web3 economy, create over 7.2 million jobs, and attract $1–2 billion in annual FDI, if a progressive and innovation-friendly policy framework is adopted.
Key Policy Recommendations Submitted:
- Frmation of a National Web3 Advisory Committee to coordinate across ministries, regulators, and the industry
- Tax reforms including reduction of the 30% capital gains tax and 1% TDS on digital assets
- A comprehensive regulatory framework for VDAs, stablecoins, NFTs, and real-world asset tokenization
- Promotion of tokenization and the use of real-world assets on blockchain
They urged the Committee to urgently take up this agenda, emphasizing that Web3 is a foundational pillar for Viksit Bharat 2047—enabling transparent, inclusive, and decentralized governance aligned with the Hon’ble Prime Minister Shri Narendra Modi’s Digital India vision.
For more information, please contact:
www.digitalsouth.co.in
+91 80730 53680
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