Interacting with students at the IIM, Shillong, here today, Murthy said: “It has something to do with our culture that is not making the best use of the resources available.”
Murthy’s observations came in a day when another allegation of a massive Rs. 10.67 lakh crore has been reported in allotting coal blocks in the country.
Drawing comparison with Australia and New Zealand, Murthy said, the worst of convicts were despatch there, but these convicts made judicious use of the resources available there and transformed the Islands.
The Infosys chairman said that apart from the culture factor, the present governance needs proper management. “Who else needs better management of its governance than India at this juncture? It is chaotic,” he said to the students.
He said that “administration is all about status quo,” and India desperately needs proper management of its governance to break the shackles of poor development.
The software icon asked the B-school students to look beyond their professional callings and involve with the society. “Spare some time to take care of the environment. Just 5 per cent of your time is enough,” he said adding, the Northeast and Kerela are examples of the cleanest places in India.
Murthy said he has “tremendous faith” in the younger generation to set things right in India. “I personally believe that this generation is better than the previous generation. This generation has so much to be distracted, which wasn’t the case earlier,” he added.
On a personal note, he said, that he considered himself a failure because despite Infosys being a 7 billion$ venture, it is way behind Apple and Microsoft, which are 40 billion$ and above business houses.
However, he expressed satisfaction from the fact that Infosys’ foundation has been built on ethical and legal business norms. “We broke the stereotype that all businessmen are crooks by demonstrating wealth can be created legally and ethically,” the Infosys chairman stated.
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