Gains of reforms uneven, writes Ambani

Three decades of economic reforms in India have benefited citizens unevenly, and there is a need for the “Indian model” of development to focus on creating wealth at the bottom of the pyramid, the richest Indian, Mukesh Ambani, has said. The Reliance Industries (RIL) chairman has exuded confidence that the country could be on a par with the US and China by 2047. Writing a rare column on the occasion of 30 years of economic liberalisation last

month, Mr Ambani has said that bold economic reforms helped GDP of $266 billion in 1991 grow by over ten times.