INDIA@100 CAN BE a wealthy economy only by pursuing ethical wealth creation as its economic mantra. A recent change in India’s political economy provides the confidence that India indeed can pursue economic policies that enable ethical wealth creation.
On February 10, 2021, Prime Minister Narendra Modi underlined the importance of “wealth creation” and the role of the private sector in his speech at the Budget Session of Parliament. Acknowledging this pivotal moment that represented a seminal turn in India’s economic history, titled its lead editorial on February 11, 2021, “Watershed Moment” and wrote: “On the floor of the Lok Sabha, [the PM] made two major points: One, the country needs wealth creators
