India Is Still A Poor Country, It Will Take 16 To 18 Years To Become A Medium Income Economy With 8% Annual GDP Growth Rate

Infosys co-founder NR Narayana Murthy is in the news these days for his statements. After earlier advising to work 70 hours a week and then work in 3 shifts, Murthy this time said that India still has a lot of ground to cover.
India Is Still A Poor Country, It Will Take 16 To 18 Years To Become A Medium Income Economy With 8% Annual GDP Growth Rate
India Is Still A Poor Country, It Will Take 16 To 18 Years To Become A Medium Income Economy With 8% Annual GDP Growth Rate.

Infosys co-founder NR Narayana Murthy is in the news these days for his statements. After earlier advising to work 70 hours a week and then work in 3 shifts, Murthy this time said that India still has a lot of ground to cover.

He said that we are a poor country, earning $ 2,300 (about ₹ 1.92 lakh) per capita. To become a middle income country, we will have to have a per capita income of $ 8,000 to 10,000 (about ₹ 6.67 lakh-₹ 8.34 lakh). To achieve this, it will take us 16 to 18 years even at 8% annual growth rate.

No need to worry about controversy, youth must work for 70 hours

Infosys co-founder NR Narayana Murthy has said that he is not worried about the controversy over the advice to Indian youth to work 70 hours a week. Murthy said that youth should work 70 hours a week to increase productivity and competition.

40 years professional career, worked 70 hours every week

He said that he himself worked long hours to establish Infosys in 1981. Murthy said that he has worked 70 hours every week in his professional career of 40 years. By 1994, when I was working 6 days a week, I was working at least 85 to 90 hours a day. This hard work was not wasted.

Worked in office from 6:20 am to 8:30 pm

Murthy, 77, told Economic Times, 'I used to be in the office at 6:20 in the morning and leave the office at 8:30 at night and worked six days a week. I know that whatever country became prosperous, it did so only through hard work.

The only way out of poverty is hard work

He said that this work ethic was instilled in him very early. Murthy further said, 'My parents told me early in life that the only way to escape poverty is to work hard and work hard. Of course, following this formula leads to better productivity every hour.

Recently Narayan Murthy had said that Indians should work in three shifts. Recently Narayan Murthy had said that if Indians want to compete with the world then they will have to work in three shifts. Earlier, Murthy had said that Indians need to work 70 hours a week. Social media was divided into many factions on his statement. While some people criticized it, many people also supported his advice.

India Is Still A Poor Country, It Will Take 16 To 18 Years To Become A Medium Income Economy With 8% Annual GDP Growth Rate
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