Jamie Dimon, the Chief Executive Officer of JP Morgan Chase, recently lauded Prime Minister Narendra Modi’s governance, hailing his efforts in India’s developmental journey. Speaking at the Economic Club of New York, Dimon commended PM Modi for his remarkable initiatives, crediting him with uplifting 40 crore people out of poverty through inclusive programs.
Dimon emphasized PM Modi’s remarkable strides in education, infrastructure, and poverty alleviation, highlighting the transformative impact on the entire nation. He underscored the necessity of bold reforms, applauding PM Modi’s stringent approach towards bureaucratic restructuring.
Furthermore, Dimon praised PM Modi’s innovative initiatives such as biometric identification for citizens, facilitating financial inclusion by opening bank accounts for 70 crore people, and implementing direct benefit transfers. He noted these measures as instrumental in curbing corruption and streamlining governance.
Also read: UN: 16 Dead, 28 Missing After Migrant Boat Capsize Off Africa’s Djibouti
In addition, Dimon lauded India’s indirect tax system, commending its effectiveness in eliminating corruption stemming from disparate tax structures across states. He also called for similar assertiveness in bureaucratic reform in the United States.
Overall, Dimon’s remarks reflect international acknowledgment of PM Modi’s efforts in driving comprehensive reforms and fostering inclusive growth in India.
The Supreme Court has granted a major relief to the Rajasthan government by upholding the…
The Supreme Court has expressed concern over the rising tendency to register rape cases based…
Adani Ports & Special Economic Zone set a national record by handling 450 MMT of…
SC issues notice to UP govt, Neelam Katara on Vikas Yadav’s interim bail plea in…
The SC expressed displeasure over Telangana Chief Minister A Revanth Reddy’s remarks regarding the disqualification…
JIH President Syed Sadatullah Husaini condemns the Waqf Amendment Bill for singling out Muslims and…