One of India's most well-known businessmen and co-founder of Infosys, narayana murthy, has defended his support for a 70-hour workweek once more, highlighting the significance of a strong work ethic among young Indians. india must aim higher and strive to become the world's largest economy, Murthy emphadata-sized.
Narayana Murthy On Nehru's Era
"We were completely sold on Nehru and socialism at the time, and my father would often discuss the remarkable advancements taking place in the nation. In the early 1970s, I had the chance to work in Paris, but I was perplexed. The West was discussing how corrupt and dirty india was. According to an NDTV story, narayana murthy stated, "There was poverty and potholes on the roads in my country."
"Everyone seemed quite well off and the trains operated on schedule there (in the West), so I reasoned that this couldn't be the case. All of my questions were addressed by the French Communist party head when I met with him, but not to my satisfaction," he said.
Narayana Murthy On Role of Capitalism
Murthy was a fervent supporter of capitalism as a means of achieving national progress. "I concluded that governments had no part in entrepreneurship. By producing money for investors, creating employment, and paying taxes, entrepreneurs are the ones who develop a country," he said.
Additionally, he underlined the necessity of "compassionate capitalism" in a nation with a high rate of poverty like India. Murthy asserts that implementing this strategy will guarantee that the advantages of wealth are shared more fairly in addition to promoting economic growth. "Good roads, railroads, and infrastructure can be built under capitalism. india must adopt this paradigm if it wants to thrive," he said.
Narayana Murthy Defends 70-hour Workweek Idea
"We have to work hard to make india number one," he said. "800 million indians receive free rations, meaning a significant portion of the population lives in poverty," Murthy said, highlighting the scope of the problem. Who will put in a lot of effort if we are not?
"I stated at Infosys that we will compare ourselves to the finest worldwide organizations and go to the best. I can tell you that we indians have a lot of work ahead of us whenever we compare ourselves to the top international corporations. Since 800 million indians receive free meals, we must have lofty goals. 800 million indians are hence impoverished. At the occasion, the NDTV report stated, "If we are not able to work hard, then who will work hard?"