Turn Bengaluru into true global city: Former Infy CFO to new Karnataka govt

V Balakrishnan said Karnataka deserves a strong and stable government which focuses on governance issues

V Balakrishnan
V Balakrishnan, former Infosys chief financial officer
Press Trust of India Hyderabad
Last Updated : May 24 2018 | 7:18 PM IST

As the new government assumed office in Karnataka, a senior IT industry figure expressed hope that it would focus on governance issues and work towards transforming Bengaluru into a true global city.

The former Chief Financial Officer of Bengaluru-headquartered IT major Infosys Ltd, V Balakrishnan said Karnataka deserves a strong and stable government which focuses on governance issues.

The governance of Bengaluru city, he said, had taken a backseat in the last few years.

"The crumbling infrastructure, garbage issues, electricity, roads, etc., are making the city unlivable for its citizens", Balakrishnan told PTI.

"The brand Bengaluru is important not only from an IT industry perspective but also for Karnataka state and India as a whole".

He expressed hope that the new government would focus on governance issues in Bengaluru with top most urgency and priority, and make it a true global city.

"The starting point may be the change in regulations to elect a mayor directly by people with a fixed term of five years with adequate powers. This will bring in ownership and accountability," he said.

Successive governments, he said, have neglected the city and there is total lack of development in Bengaluru.

Bengaluru is rightly called the "Silicon Valley of India" and deserves the governance that fits this tag, Balakrishnan added.

*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: May 24 2018 | 7:18 PM IST

Next Story