Era of grey eminence coming to an end: FM

Stressing the importance of role models in societies, Finance Minister Arun Jaitley on Friday said more and more people are achieving excellence at a young age and the "era of grey eminence is gradually coming to an end".

"Achievers also act as a role model in aspirational society...role models are essential for society," he said at the Lakshmipat Singhania - IIM Lucknow National Leadership Awards here.

Such recognitions should encourage the role models to occupy the centre-stage of public discourse, he said.

Jaitley further said increasingly people are acquiring excellence at young age and that the "era of grey eminence is gradually coming to an end".

Citing an example, the Finance Minister said, no longer a physician with 40 years of experience is considered best.

The award in fields of Business, Science & Technology, Community Service and Social Upliftment were given by the Finance Minister.