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BW Businessworld

Making India Wealthy, Healthy, Wise

BW Businessworld makes a case for the Union Budget to further push the process of generating wealth creators and entrepreneurs who are seen as being key to India attaining the status of a high-income developed economy by 2047

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Faith is the bird that feels the light when the dawn is still dark — Rabindranath Tagore

Dear Reader,

We live in interesting times.

The specter of a global recession looms large. The Ukraine war has led to a disruption in global supply chains. Our neighbourhood of China faces crises on multiple fronts.

Faced with these global headwinds, many agree that India continues to be a bright spot.

Speaking at the recently-held Madhya Pradesh Investors’ Summit, Prime Minister Narendra Modi said: “This optimism for India is driven by strong democracy, young demography and political stability. Due to these, India is taking decisions that boost ease of living and ease of doing business.”

Precisely for this reason, in the run-up to the Union Budget, we decided to do a cover feature on how the Budget could help create more wealth creators, entrepreneurs and job creators. And, further India’s onward march.

To create an entrepreneur is to create multiple job opportunities. There is no other viable mechanism to address the unemployment crisis facing India today. There’s a greater realisation, across the political spectrum, that while job creation may be a great slogan, we need to focus a lot more on creating “job creators”.

This means that the private sector plays a key role. This also means that a number of states are pro-actively collaborating with industry. This is a welcome development. Maharashtra, for instance, has roped in an advisory board with industry leaders as its members. In this issue of BW Businessworld, we have an interview with the Maharashtra CM where he talks about how infrastructure-led growth will help the state realise the $1 trillion vision.

This edition of the magazine has some interesting features like an interview with Bollywood actor and entrepreneur Shilpa Shetty who also talks about investments.

In the forthcoming issues, we have lined up a series of new features. Of course, we will bring to you a special edition on the Union Budget. This issue of BW Businessworld has all other regular features and columns.

Do keep sending in your inputs and feedback.

Happy reading!

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Magazine 28 January 2023 wealth creators