Lavish Praise Pours In For India PM From Far West
Jamie Dimon of JPMorgan Chase heaped lavish praises on Prime Minister Modi.
Narendra Modi JPMorgan Chase: Prime Minister Narendra Modi has received appreciation from America’s premier multinational financial institution’s head Jamie Dimon.
Jamie Dimon, the Chairman and CEO of JPMorgan Chase, on Tuesday, lavished praise on Prime Minister Modi, expressing his admiration for India’s achievements under his leadership.
Jamie Dimon was speaking at a luncheon organized by the Economic Club of New York when he made his observations on current trends in global finance and shared his insights into evaluating and managing the economic and geopolitical risks ahead.
The video of Dimon’s comments on India was posted on social media platform X by Union Minister Piyush Goyal where Dimon says, “Modi has done an unbelievable job in India” as he highlighted PM Modi’s efforts in poverty alleviation, infrastructure development, and bureaucratic reforms, emphasizing the remarkable progress India has made under his leadership.
Modi has done an unbelievable job in India: Jamie Dimon, CEO of JPMorgan Chase & Co. pic.twitter.com/hGFsDL7m0C
— Piyush Goyal (Modi’s family) (@PiyushGoyal) April 24, 2024
Dimon praised PM Modi’s economic policies as he highlighted initiatives such as the Swachh Bharat Abhiyan and praised India’s progress in financial inclusion, mentioning that the government has opened bank accounts for around 700 million people, ensuring financial access to a significant portion of the population.
He also commended the country’s education system and infrastructure development, describing them as “unbelievable.”
He said, “They’ve started this amazing trend where every citizen is recognized by hand, eyeball, or finger. They’ve opened bank accounts for 700 million people, and payments are being processed smoothly. Their education system and infrastructure are remarkable, lifting the entire country because of one just and tough man. But to break down bureaucracy, you have to be tough, and he’s doing just that.”
“They have I think its 29 states or something like that, but they all had completely- its almost like Europe that have completely different tax systems, which leads to enormous corruption. He’s breaking all that stuff down. And so, there are examples of people who have just turned these things around. And we need a little bit more of that here,” Dimon added.
James Dimon has been the chairman and chief executive officer (CEO) of JPMorgan Chase since 2006.
