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Watershed moment The PM’s defence of ‘wealth creators’ marks a refreshing ideological forthrightness In Indian politics, it can be hard for a politician to defend wealth creators in a public forum. Despite the success of three decades of liberalisation (lifting controls on production, lowering barriers to trade and opening up the financial sector in a calibrated way) in lifting millions out of poverty by unleashing entrepreneurial energy, politicians would rather not say that they are for ‘capitalism’. On Wednesday, however, the Prime Minister chose to be forthright. On the floor o...

Noting that wealth creators are a necessity for the country as only then wealth can be redistributed to help the poor, he wondered what can be achieved by handing over the nation to "babus" (government officials). Just because somebody is an IAS officer, he is running fertiliser and chemical factories to airlines, Modi said in a reference to public sector units being headed by bureaucrats, and asked what this will achieve.

presented by 22 January 2021  3 This is the third part of our ‘top-500 wealth-creator stocks’ series. In the previous week, we covered the winning sectors and the dominant market-cap stocks which created the maximum value over the past 10 years. You can read it here.   In this article, we will highlight the first 100 stocks from the top-500 list. These have created the maximum wealth in the past 10 years. Many of... Premium Content

In the first part of the Wealth Creators series, published last week, we discussed the top-10 value creators of the past decade. If you missed it, click here to read.

Each year, we publish a list of 500 stocks that delivered the maximum wealth for their shareholders over the previous 10 years. This is the 15th year of this annual series of Wealth Creators.