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.
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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.
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