Mumbai: Mukesh Ambani, Asia's richest man and owner of Reliance Industries, has spoken big about the poor. Mukesh Ambani has said that the financial reforms that took place in the country three decades ago have given uneven benefits to the people. Now, there is a need to focus on the Indian model of development to increase the income of the lower strata of the society, the poor. He expressed confidence that India will be at par with the US and China by 2047.
Mukesh Ambani has written an article in the Times of India on the completion of 30 years of financial reforms. In it, he said that it is because of bold economic reforms that India's GDP has been able to grow tenfold from $266 billion in 1991. India has transformed from a weak economy of 1991 to a substantial economy in 2021. India is now turning itself into a sustainable and equitable prosperity economy by 2051. Equality in India will be in our collective prosperity. Mukesh Ambani has said that in 1991, India showed foresight and courage to change the direction and condition of the economy. During this period, the Government of India gave space to the private sector in the dominated areas of the public sector. The licence quota abolished the raj. Policies related to liberal trade and industry were formulated. Freed up capital markets and the economic sector. These reforms liberated India's entrepreneurship energy and ushered in rapid growth.
Mukesh Ambani said that we compare property personally and economically. But we forget this truth that the real wealth of India is in achieving the target of education for all, health for all, employment for all, right housing for all, environmental protection, sports culture and art, an opportunity for self-development for all. In other words, happiness for all is real wealth.
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