Infosys Co-Founder Narayana Murthy Says India’s Business Environment Has Been Best for 300 Years; can overcome poverty in India


Infosys co-founder NR Narayana Murthy said Thursday that India has for the first time in 300 years an economic environment that breeds confidence and optimism about the possibility of eradicating poverty. “For the first time in 300 years, we have an economic environment that breeds confidence that we can effectively overcome our poverty and create a better future for every Indian,” said Murthy, addressing the fourth convening function of the ‘Madan Mohan Malaviya University of Technology. (MMMUT) here in Gorakhpur.

“If we strive, we can wipe the tears from the eyes of the poorest children, as Mahatma Gandhi wanted,” Murthy said, addressing the assembly which included the Governor of Uttar Pradesh, Anandiben Patel , Chief Minister Yogi Adityanath and Vice-Chancellor of MMMUT. Sri Niwas Singh, dozens of university professors and hundreds of students. “It is easy to drape ourselves in our national flag and shout ‘Mera Bharat Mahaan’ and ‘Jai Ho’, but it is difficult to put the values ​​into practice. Patriotism means what will get the best out of every citizen,” he said. said Murthy, explaining the true meaning of patriotism. Murthy said patriotism involves working for the country, putting your interests ahead of your personal interests.

“We need to put the best interests of our nation ahead of our personal interests, avoiding our egos and prejudices,” he said. Patriotism also means working diligently for the betterment of society, he said. “We must constantly compare ourselves to and learn from countries better than us. We must avoid apathy and become proactive in solving problems in our society rather than expecting others to do so,” he said. he declared.

Describing the current state of the economy, Narayana Murthy said, “Our economy is growing 6-7% this year. India has become the world’s center for software development. Our foreign exchange reserve has exceeded $ 400 billion. Investor confidence is at an all-time high. “Seeming optimistic about the country’s bright future, Murthy said,” Overseas portfolio investment and foreign direct investment in India are growing faster than ever. Our entrepreneurs receive huge funding from venture capitalists. Our stock markets are doing quite well. According to Forbes magazine, the number of billionaires in India is increasing. ” Murthy also spoke of a “parallel India”, “plunged into poverty, illiteracy, ill health and malnutrition” and coexisting with a developed India and stressed the government’s obligation to create a favorable business environment for people. entrepreneurs to fight disease.

“We have another India plunged into deep poverty, illiteracy, poor health and malnutrition. We have the largest mass of illiterates in the world. About 350 million Indians cannot read or write. More than 200 million Indians do not have access to safe drinking water. . About 750 million Indians do not have access to sanitation facilities. We have always been among the lowest ranked nations in the HDI (Human Development Index), ”said Murthy. “Our governments must become more respectful of citizens and remove all obstacles to entrepreneurs to create more and more jobs. Our economic policies must be less populist and more based on expertise. We must avoid chauvinism. ” Murthy advised the government. On this occasion, the chief architect of the Indian IT industry was awarded an honorary doctorate by the university.


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