Confidence, tolerance must for economic progress: Narayana Murthy

Image
IANS Bengaluru
Last Updated : Oct 31 2015 | 8:42 PM IST

Expressing concern over rising instances of intolerance, Infosys co-founder N.R. Narayana Murthy on Saturday urged the government to restore people's confidence and ensure tolerance for economic progress.

"The first priority of this government or any government at the centre or states should be to bring back confidence, energy, trust and enthusiasm in every citizen," Murthy said in a discussion on a news channel.

Observing that there was a considerable fear among minorities and migrants over their safety and security in light of some recent incidents, Murthy said unless there was no strife, no distress and no fear, it would be difficult to address problems of poverty, inequality and disparity.

"As I am not a politician and not interested in politics, I don't want to comment on some things happening in the country. Everyone should be made to feel that this is my country and I will work for its betterment," he asserted.

Citing data spanning over 300 years, Murthy said no country ever made economic progress unless the majority community respected the minority community and stopped oppressing it.

Recalling the ill-treatment of south Indians in then Bombay in 1967 at the hands of Shiv Sena, Murthy said when one region was in strife with other region in the country, there could be no peace or progress in such a situation.

"An environment of positivism was important to bring back growth and eliminate poverty," he added.

Murthy's remarks comes a day after the global rating agency Moody's research arm advised the NDA government to prevent fringe elements in the ruling Bharatiya Janata Party from making provocative statements, which were eroding its credibility in the country and overseas.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 31 2015 | 8:32 PM IST

Next Story