According to NR Narayana Murthy, the founder of Infosys, if India is to compete with economies that have advanced significantly over the past two to three decades, young people need put in 70 hours a week of work. Murthy made an appearance on the inaugural episode of 3one4 Capital’s podcast, “The Record,” which was made available on YouTube today. He discussed a variety of subjects, including technology, nation-building, his company Infosys, and his thoughts on the youth of today.
In an interview with former CFO of Infosys, Mohandas Pai, Narayana Murthy stated that India has some of the lowest rates of work productivity globally. India’s youth need to work longer hours to compete with nations like China, much as Japan and Germany did following World War 2.
Additionally, he pointed the finger at other problems like bureaucratic bottlenecks and government corruption, stating that India has some of the lowest rates of job productivity worldwide.
We won’t be able to compete with those nations that have made enormous strides unless we increase work productivity, lower government corruption to some extent—I’m not sure how true this is, but we’ve been reading about it—and shorten the time it takes for decisions to be made in our bureaucracy.
The 77-year-old Murthy added his request to the modern youth. Thus, I kindly ask that our children declare, “This is my country.” My ideal workweek would be seventy hours. You know, following World War II, the Germans and Japanese exactly did this. For a set period of years, they ensured that every German put in extra hours at work,” he concluded.
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