
One of the seven co-founders of Infosys, Narayana Murthy was in conversation with Zerodha co-founder Nikhil Kamath at the Bengaluru Tech Summit.
During this conversation, Narayana Murthy said, “The maximum percentage of local people that you can employ in an industry like software services is about 60%.”
“So, it means that the rest of the talent will inevitably come from other states in India and maybe a small percentage from developed countries”, he said.
“So, the first task of a good public governance system for Bengaluru to become even stronger is to provide total freedom to start English medium schools”, he added.
He further noted, “The governments needed to complete infrastructure projects on priority and that work in the industry should be done in three shifts instead of one. In other nations that have high aspirations, people work two shifts.”
“People in those infrastructure industries must work three shifts, they should not work just one shift. Come at 11 am and then go at 5 pm. At least on the Electronic City road, that is what I see, I may be completely wrong,” he emphasized.
He also suggested when the government provides subsidies it should ensure that the receiver provides something in return for the betterment of the society. “If you are providing free electricity, tell them we want to see the percentage of attendance in schools going up by say 20%…”
There should be a contribution of citizens also to make our society better.
Earlier, Infosys co-founder Narayana Murthy suggested that Indian youngsters should work 70 hours a week.
Narayana Murthy stated, “If we want to compete with the fastest growing countries like China and Japan, we need to boost up our work productivity.”
“At the moment, India’s work productivity is very low. The government also must reduce the time it takes for decision-making and curb corruption in bureaucracy”, Narayana Murthy added.
Narayana Murthy India’s reality is “corruption, dirty roads, and no power” and it is the responsibility of young Indians to improve the situation.
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