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Vedanta boss Anil Agarwal hails World Bank President Ajay Banga's simple but powerful 3-point plan to create jobs

Vedanta boss Anil Agarwal hails World Bank President Ajay Banga's simple but powerful 3-point plan to create jobs

Time of India19-05-2025

Vedanta
Chairman
Anil Agarwal
on Monday shared powerful insights on
poverty
and
job creation
, drawing inspiration from an interview of
World Bank
President
Ajay Banga
.
In a post on X (formerly Twitter),
Agarwal
stressed that poverty is not just a financial condition but also a mental state, and the true solution lies in creating meaningful jobs.
'Poverty is both a state of being and a state of mind, and the only way to tackle it is through a job, which provides both earnings and dignity,' Agarwal wrote.
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What drives job creation?
Agarwal echoed Banga's view that job creation depends on three key factors:
Strong infrastructure
Clear, supportive policies (especially concerning land and labour)
A thriving
private sector
— AnilAgarwal_Ved (@AnilAgarwal_Ved)
According to Banga, while governments can support the ecosystem, it's the private sector that actually creates jobs.
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Another point that impressed Agarwal was Banga's commitment to empowering 80 million women by improving their access to equity. This, Banga believes, will help more women become successful entrepreneurs and help drive
economic growth
.
'Empowering women and youth is the key to a poverty-free and prosperous world,' Agarwal noted.
He also expressed pride in seeing someone of Indian origin like Ajay Banga leading a global institution like the World Bank with such clarity of purpose.

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