New -delhi, April 2 (PTI) India is given the best geology for natural resources, and the ability of the country’s entrepreneurs to unlock value from the great resources of India underground is the key to Viksit Bharat, Mining Mogul Anil Agarwal said. “It is our moment to unleash a new generation of entrepreneurs – nasty visionary who will investigate and withdraw resources in a responsible way and honor Mother Earth while attracting India’s growth. If we do not act now, we are at risk of losing this golden opportunity to secure our future and secure India’s position as a resource leader in the world. Agarwal, which explains the great potential in natural resources, said: “There is tremendous prosperity under the earth. India has the best geology in the world, but 60 percent of our imports include natural resources such as oil and gas, gold, copper, diamonds.” All the nations that became prosperous did so because of their natural resources, whether the US, UK, Europe, Canada, Australia or the Middle East, he said. “All India has to do is explore.” India has rich reserves in oil and gas and in minerals such as bauxite, coal, iron ore, copper and rare earth, he added. Agarwal expressed optimism about India’s prospects, even in the midst of global uncertainty. “This is the era of entrepreneurs, and Indians are born risky. We need to use our ability to take risks and create large -scale manufacturing and great industries in India because agriculture alone cannot grow and work creation.” He added, “65 percent of the Indians are just below the middle class and will enter the middle class soon. The question will grow exponentially. The opportunities for business are great.” Agarwal calls for greater confidence in entrepreneurs. ‘Deregulation and self-certification are the way forward. I congratulate the government on the reflection in that direction. ‘ India has achieved a 100 percent growth in its GDP over the past ten years, the highest among the most important economies. “300-400 years ago, India had 25 percent of the world’s GDP. We will regain our position as the leading economy of the world,” Agarwal claims. Catch all the business news, market news, news reports and latest news updates on Live Mint. Download the Mint News app to get daily market updates. Business NewsopinionViewSindias Geology Best in the World, Indian Entrepreneurship Untopy: Agarwal More Less
-
-
-
-
