Business: Well known Indian industrialist and chairman of Godrej Group Adi Godrej believe that the Indian economy is suffering due to beef ban and liquor prohibition in some states.
His comments come as the Modi Government is about to complete two years in office, and several states are pushing for strict beef bans and liquor prohibition close to assembly elections.
Godrej said that a ban on beef affects agriculture and rural growth, and what happens to the extra cows, he asked. “It is also affecting business because this was a good source of income for many farmers. So that’s a negative.”
Godrej also called the liquor prohibition that was recently imposed in Bihar and Kerala “negative directions for political gains can affect the economy”. He also said that banning alcohol ‘gives rise to bad liquor, and then mafia’.
He also pointed out on how Indian were beef eaters in Vedic times and also appreciated the recent Bombay High Court judgment on the Beef ban which struck down criminal proceedings for the possession of beef in Maharashtra.
Adi further expressed belief that India will remain the fastest growing economy in the world and that the country will gradually emerge as a strong developed country.