Zerodha founder Nithin Kamath suggests this innovative way to prevent disasters like Bengaluru floods in major cities | Corporate News

New Delhi- Zerodha founder and CEO Nithin Kamath recently said that disasters in major cities are bound to happen again and again because major Indian cities were not built to handle as many people as possible now living. He may have been alluding to the recent Bengaluru flood that wreaked havoc across the city. According to him, the only real solution is to create smaller cities with sustainable economies of their own.

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Nithin Kamath posted a series of tweets in which he suggested a different way to alleviate congestion problem in big cities which has become a major factor for many city problems including water logging, pollution etc.

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He said, “If companies can afford to have teams that work remotely or through small branch offices, I think they should push teams to work from small towns and cities. That way, the company can play a role in solving problems. Moving to a city will not be Another great only temporary solution.”

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Not only does it reduce pressure from major cities, but employees’ quality of life will increase dramatically with more money, more savings, less time in traffic, a better work-life balance, and more.

Moreover, he added, the best part is that if these people are consuming locally, it can also help in terms of climate change issues and livelihood creation, perhaps the two biggest problems we face as a nation. Otherwise, money continues to circulate in large cities, which attracts everyone to emigrate.

Zerodha’s Rainmatter Foundation works to help smaller towns and villages be self-sustaining, create livelihoods and more.

His tweet has received good likes and retweets with users comments in praise and appreciation.