India is a potential country in terms of rapid economic growth in the period of next 10 years, said billionaire philanthropist and Microsoft co-founder Bill Gates.
Talking to PTI he added that India would lift people out of poverty and the economic growth to help the government to invest in education and health segments.
The world’s richest person complimented India’s Aadhaar identity system and also the performance of the country pharma and financial sectors.
The 64-year-old said, “I don’t have any knowledge about the near term, but I’d say over the next decade, there’s potential for very rapid growth, which will lift people out of poverty and allow the government to invest in health and education priorities in a really exciting way.”
Bill Gates has a net worth of USD 110 billion and until now has donated more than USD 35 billion to the Bill and Melinda Gates Foundation for poverty education and social development programmes in several countries across the world.
He is currently on a three-day India visit to review the work of his foundation here. He said there is really good growth as there is potential to high growth.
He added that India has been a key place for them to find innovators and financial services. He appreciated the country’s Aadhaar identity system and also the overall UPI system.
Bill Gates further said, “We partner with people like Nandan Nilekani to think, okay, how do the lessons from India apply to other countries for things like digital identity or financial services.”
