Published 15:21 IST, November 28th 2024
'Creative, Innovative...' Vedanta's Anil Agarwal On Elon Musk, Vivek Ramaswamy - See Post
Taking to X, the billionaire businessman said that Donald Trump's picks - Elon Musk and Vivek Ramaswamy are creative and innovative people and hoped that their
Anil Agarwal, Chairman, of Vedanta Group shared his learnings from following the development of Department of Government Efficiency or DOGE. Agarwal spoke about laws, rules, procurement, and lessons it holds for all organizations. Taking to X, the billionaire businessman said that Donald Trump's picks - Elon Musk and Vivek Ramaswamy are creative and innovative people and hoped that their insights may be more helpful for emerging economies like India.
What Did Anil Agarwal Say?
Anil Agarwal took to X writing, "A lean, purposeful government can be a big enabler of economic success.
I have been following with interest what the new Department of Government Efficiency under Elon Musk and Vivek Ramaswamy will do in the US. In this article in Wall Street Journal, they give a preview.
Two things I picked up which are applicable anywhere in the world.
First, that laws by themselves are usually less intrusive than the rules and regulations framed for their implementation.
Second, procurement is an area where big savings can happen with better contracting. This is a lesson for all organizations, even private.
Musk and Ramaswamy are creative and innovative people. Let's see what other insights they give in the months ahead which may be even more useful for emerging economies than the US."
Agarwal said, dropping an image of a Washington Post article written by Musk and Ramaswamy.
Musk And DOGE
DOGE was created by President-elect Donald Trump, to dismantle government bureaucracy, cut excessive regulations. The department will be headed by Elon Musk and Indian-American entrepreneur Vivek Ramaswamy.
Updated 15:21 IST, November 28th 2024