Business Standard

35,000 high net worth entrepreneurs left India under Modi govt: Bengal FM

He wondered whether this was due to "fear psychosis", and demanded that PM Modi must place a white paper in parliament on "massive flight of Indian entrepreneurs during his regime"

West Bengal Finance Minister Amit Mitra | File photo

West Bengal Finance Minister Amit Mitra | File photo

Press Trust of India Kolkata

West Bengal Finance Minister Amit Mitra on Thursday cited three different studies to claim that 35,000 Indian entrepreneurs of high net worth left the country between 2014 and 2020 during the tenure of the Narendra Modi government.

He wondered whether this was due to "fear psychosis", and demanded that PM Modi must place a white paper in parliament on "massive flight of Indian entrepreneurs during his regime".

"Under Modi Govt 35,000 Indian Entrepreneurs of High Net Worth LEFT India between 2014-2020, as NRI/Immigrants. India RANKED No 1 IN EXODUS IN THE WORLD. WHY? Fear psychosis'??

"PM must place WHITE PAPER to Parliament on massive flight of Indian entrepreneurs during his regime," Mitra wrote on Twitter.

 

Citing a study, he claimed 23,000 high net worth entrepreneurs left India during the 2014-18 period, the worst in the world.

"In 2014-2018, 23,000 High Net worth entrepreneurs left India ( Morgan Stanley study) Worst in the World. 7,000 left India in 2019 (AfrAsia Bank). 5,000 left India in 2020.(GWM Review)," he said.

"Recall 19 minutes of TIRADE against Indian business by Piyush Goel (Goyal), reportedly saying business practices of Indian Industry went against national interest - short of calling them "anti national'. Breeds 'fear psychosis', motivating exodus? But the PM did not rebuke Goel (Goyal). Why?" Mitra also said on the microblogging site.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Oct 21 2021 | 3:19 PM IST

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