'Unemployability a major cause of concern'

Moral leadership and economic development are the keys to good governance, said Godrej group chairman Adi Godrej, while speaking at the Young Indians Southern Regional Summit.

Published: 25th August 2013 10:09 AM  |   Last Updated: 25th August 2013 01:37 PM   |  A+A-

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Moral leadership and economic development are the keys to good governance, said Godrej group chairman Adi Godrej, while speaking at the Young Indians Southern Regional Summit here on Saturday. He added that the major problem for the country now is unemployability.

“It can be resolved only with skill development and training. The youth in India should have a vision not only for the country but for the world as well. Fiscal deficit, current account deficit, rupee depreciation and inflation are the economic challenges faced by the nation and we cannot afford it. Job creation is at stake under such circumstances”, he added.

Elaborating on government policies, he said that India has the lowest rate of solving business disputes in a fast manner.

“Our judicial system should be corruption free and more accountable. The number of judges has to be increased manifold at all levels in the country. Right now we need more reforms. Despite the odds, the country has developed much since independence”, added Adi Godrej, who is also the chairman of the India@75 foundation.

He opined that India will be the largest economy in the world surpassing US and China by 2050. Senior BJP leader Subramanian Swamy said that the country is immersed in corruption. “The Prime Minister is a puppet and it is very unfortunate that the government made no effort to bring the black money to the country”, he added. Principal advisor to PM, T K A Nair said that Kerala is the best example for public private partnership in education and healthcare sectors.

He added that the country has developed a lot in the last 30 years in many sectors and everyone can contribute his/her part for better governance in the country.

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