Adani Group Chairman Gautam Adani addresses the inauguration of the 6th Bengal Global Business Summit (BGBS), in Kolkata on Wednesday, April 20, 2022.
Industrialist Gautam Adani, whose group runs multiple businesses from airports to ports and from electricity generation to distribution, has said that if the country becomes an estimated USD 30 trillion economy by 2050, it could also be home to a nation that Where no one can sleep empty stomach.
“We are about 10,000 days away from the year 2050. During this period, I expect we will add about USD 25 trillion to our economy. This translates to an additional USD 2.5 billion to GDP every day. It is also anticipated that over this period, we will eradicate all kinds of poverty,” Adani told the India Economic Conclave organized by Times Network here on Thursday.
Adani, who has added USD 49 billion in additional wealth – more than the two richest men in the world, Elon Musk and Jeff Bezos, taking the total to USD 81 billion in 2021, also expressed hope that although the numbers and optimism Amazingly, they believe that we as a nation are good at doing this in just 10,000 days.
If the economy grows according to plan, he said it could also mean that the stock market will add about USD 40 trillion to market capitalization during these 10,000 days, an additional USD 4 billion every day by 2050. translates.
Adani concluded that elevating the lives of 1.4 billion people may feel like a marathon in the short run, but it is a sprint in the long run.
The World Bank, in its latest report on poverty in the country, said that India saw a steep decline of 12.3 percentage points in extreme poverty between 2011 and 2019 – from 22.5 per cent in 2011 to 10.2 per cent in 2019.
Read more: Adani Ports acquires India’s largest maritime services company Ocean Sparkle