Our budget speech is tip-toeing and lacking in addressing this issue of unemployment. The state has to use budgetary resources and influence to deal with poverty, unemployment and expand economic opportunities in pursuit of a developmental state.
Savitri Jindal, the former Chairperson of OP Jindal Group, is the third richest person with a total net worth of $24.7 billion. She sources her wealth from group companies like Jindal Steel, Jindal Steel and Power, and Jindal Energy. She added $8.93 billion to her wealth recently.
This week Botswana Power Corporation (BPC) and Jindal Energy singed a watershed Power Purchase Agreement (PPA) that will see the Indian industrial giant build a 300MW power plant, feed it with coal from its own Mmamabula Coal Mine and supply power to BPC for 30 years.