‘There is a policy paralysis in the Government affecting the country, but one need not feel desperate. These are symptoms of a country wanting to grow and India's growth story is still intact,' reassured Mr B. Muthuraman, President, Confederation of Indian Industry.
He was speaking at the 8th Young Indians (Yi) National Summit at the Kumaraguru College of Technology here.
Inaugurating the event on Saturday, Mr Muthuraman said the Anna Hazare movement signalled anger and impatience of the people, of a nation that is fighting to route out corruption. “These are symptoms of a country wanting to grow, but finding hurdles in the growth path. The youth should focus on becoming big and inclusive in terms of numbers so their voice is acceptable,” he said and urged the participants to have faith in democracy and take part in reforms.
He said that the central story of India was still fantastic, acknowledging the country's inherent strength in terms of demographic dividend. “The opportunities are huge, but that alone cannot guarantee success. One has to strive hard.”
Reverting to the theme ‘Taking Charge,' he said ‘the Yi Summit seems to have coincided with the introduction of Mr Cyrus Mistry, the heir apparent of Mr Ratan Tata, as Vice-Chairman of Tata Sons, earlier in the week. India has a rich past and its heritage is settling itself around her young.
Yi have grown up in a liberalised environment. Knowledge is available everywhere. Education should make people think and innovate, he said and urged the youth to think of the society.
He also observed that a silent revolution was taking place globally and wealth creation, moving increasingly away from the Government, making the role of corporations/ companies more important.
Over 150 entrepreneurs and professionals from the Yi Chapters across the country were present at the event.