Vision of Narayana Murthy for a better India NR Narayana Murthy, the founder chairman of Infosys, is one of the most

admired entrepreneurs of India. The nation honoured him with Padma Vibhushan for his great contribution to the nation. A BETTER INDIA, A BETTER WORLD is a collection of well arranged 38 speeches by Narayana Murthy on different occasions. Mr. Murthy, who took the world by storm with software revolution spells out his vision on modern India. India is growing with one of the highest GDP growth rate in the world with the help of achievements in technology, industry & entrepreneurship. The number of people who are in the shade of hunger, unemployment, illiteracy & malnutrition are also increasing. What will it take for India to bridge this great divide? Through this book, the author tries to find a solution for this difficult question. Once a confused leftist and now a compassionate capitalist, Narayana Murthy believes that our future development should be based on the following pillars. 1. Education. Progress based on dreams need change. Education brings this change, which increase the knowledge and assuming social responsibility. Meritocracy in admission & Autonomy in administration are required to generate world class professionals. 2. Good value system. We need courageous leaders (with good entrepreneurship & governance) with a value system where people accept modest sacrifices for the common good, who lead with example and capable of motivating the individuals for sacrifice for the good of society. 3. Capitalism. Only through creation of wealth we can create job opportunities and thereby remove poverty. In the face of new challenges and to resurrect capitalism, Mr. Murthy visualizes a Compassionate Capitalism - by combining the power of mind and heart, the good of capitalism and socialism. 4. Globalisation. Sourcing capital from where it is cheapest, talent from where it is best available, p roducing where it is most efficient and selling where the markets are, without being constrained by national boundaries, the author explains how globalization is a win-win situation. The thoughts which guide the Infosys employees on accountability and transparency are worth mentioning, which is repeated in several places in the book. 1. The softest pillow is a clear consciousness. 2. In God we trust, everybody else brings data to the table. 3. You can disagree with me, as long as you are not disagreeable. 4.When in doubt, disclose. Some of the thoughts/suggestions I found interesting and relevant: 1. When giving subsidies to the farmers the role of middleman should be eliminated. 2. Meritocracy should be applied for the higher education. 3. Good leaders integrate the fifty-thousand-feet birds-eye view of the world with the ground level worms eye view.

4. The efforts to reduce the population of India should be restarted. 5. The best use of all your wealth is to share it with those less fortunate. 6. Today, we have political freedom but not economic freedom -the freedom from hunger, disease and illiteracy. 7. In India, we tend to look down on people who do jobs that require physical work or involve disciplined execution and accountability. 8. What a journalist recently wrote, If a guy steals $5000/ -, he goes to jail for ten years. If he steals $500 million, he appears before Congress and gets called bad names for ten minutes.