Adani highlights 3 key areas for infra push
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Mumbai: Gautam Adani, the Chairman of the Adani Group, on Wednesday, listed three key areas which will further help the national infrastructure grow in years to come, driving the country to realise its goal of becoming a $30 trillion economy by 2050.
According to Gautam Adani, touted as ‘The Infra Man of India,’ the three key areas are -- the role of government policies and governance in building infrastructure; the future of infrastructure and its interconnection with sustainability; and Adani Group’s areas of focus and the role it is playing in developing national infrastructure.
The 1991 economic liberalisation and reforms, announced by the late Prime Minister PV Narasimha Rao and the finance minister at that time, Dr Manmohan Singh, marked a watershed moment in India’s economic history and dismantled the ‘Licence Raj’, which had seen the government involved in almost every approval that businesses needed.
The statistics tell the story. As per World Bank data: In the three decades prior to liberalization, the Indian GDP grew by 7 times. And in the three decades post-liberalisation, our GDP grew by 14 times.
