Manmohan Singh was extraordinary, but the economic activities in India were stalled and the desicions were not taken by him in the Congress-led UPA era. During his interaction with young entrepreneurs and students at the IIMA (Indian Institute of Management) Ahmedabad, Murthy expressed confidence that young minds can make India a worthy competitor of China, the world’s second-largest economy.
Manmohan Singh Was Extraordinary
“I used to be on the board of HSBC in London (between 2008 and 2012). In the first few years, when China was mentioned two to three times in the boardroom (during meetings), India’s name would be mentioned once,” said Murthy in response to a question on where he sees India in the future.
Murthy further added, “Former Prime Minister Manmohan Singh was an extraordinary individual and I have tremendous respect for him. But, somehow, India stalled during UPA era. Decisions were not taken and everything was delayed,”
It may be mentioned that when Murthy left HSBC (in 2012), India’s name hardly found a mention during meetings, while China’s name was taken nearly 30 times.
It is the responsibility of the young generation to make people mention India’s name whenever they mention any other country’s name, particularly China.