NEW DELHI—India’s richest man Mukesh Ambani said Tuesday the country needed equitable growth at all levels to include millions of Indians residing in slums and villages in the mainstream of progress.
Ambani, who heads India’s largest private company, petrochemical giant Reliance Industries, is India’s wealthiest man with an estimated $27 billion fortune. He lives in one of the largest and most expensive homes in the world.
Addressing the annual meeting organized by the Federation of Indian Chambers of Commerce and Industry, a leading industry group in New Delhi, Ambani stressed the urgent need to bridge the gap between rich and poor.
He spoke of the two narratives of India, one that sees the country from the “stratosphere, rhapsodizes about its growth and romanticizes its democracy.”
The other narrative, he said, “imagines the growth engine as a heartless monster that leaves large numbers of Indians behind.”
“There will be no peace if a billion plus people are discontented, deprived, unhappy and therefore angry,” he said, adding that “India’s growth story is unsustainable without including millions in our progress.”
He called for industry to work to unite the “two Indias” and create 15 million jobs every year to absorb 200 million youth in the next 10 years.
The magnate, whose business interests run from oil and gas exploration to grocery shops, said better healthcare was needed to protect the demographic dividend, the youth who are largely unprotected and uncared for. –Agence France-Presse
June 2025
Philippine Environment Month!
“Action for Nature, for the Future!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
Monthly Observances:
1 Jun – World Day of Parents
5 Jun – World Environment Day
7 Jun – World Food Safety Day
8 Jun – World Oceans Day
12 Jun – World Day Against
Child Labour
15 Jun – World Elder Abuse Awareness Day
16 Jun – International Day of Family Remittances
17 Jun – World Day to Combat Desertification and Drought
20 Jun – World Refugee Day
25 Jun – Day of the Seafarer
27 Jun – Micro-, Small and Medium-sized Enterprises Day
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
