Billionaire Jamie Dimon has praised the policies of Indian Prime Minister Narendra Modi
Indian Prime Minister Narendra Modi, who hopes to win a third term in the ongoing elections, has done an “unbelievable job” running the country, Jamie Dimon, Chairman and CEO of JPMorgan Chase asserted. The billionaire, who was speaking at an event in New York, underlined that Modi’s policies have lifted 400 million people out of poverty.
Around 415 million Indians stopped being poor, according to the definition used in 2023’s Global Multidimensional Poverty Index (MPI), between 2005 and 2021. Modi’s government took charge in 2014.
“I know the liberal press here beat the hell out of him [Modi],” Dimon observed. He noted that while India wants to trade with the US, the latter can’t stop lecturing them, “fantasising about climate, labour, and how we think they should be running their country.”
“He [Modi] has 400 million people without toilets… and we’re lecturing him how to do things?” he asked incredulously.
The billionaire CEO also mentioned a few noteworthy policies of the Indian government, such as the implementation of the ‘Aadhaar’ identification system, and the opening of bank accounts for 700 million people. Dimon described the improvement of the country’s education system and infrastructure as “unbelievable.”