Indian
needs capitalism with human touch says Narayana Murthy
According
to NR Narayana Murthy, founder and chief mentor of software
giant Infosys, capitalism can become a driving force in
alleviating poverty from India.Speaking in an interview
to BBC World Service's programme "The Interview,"
he said that "compassionate capitalism" is the
only solution to poverty in the world's largest democracy.
He said 'evangelists of capitalism' in India should take
up a more responsible role, and more should be to push
entrepreneurial activity in the country. He said the 7-8
percent growth target set by finance minister P Chidambaram
is possible only by boosting a new set of entrepreneurs
and ensuring that capitalism is exercised judiciously.
He said that humane capitalism was the only hope left
for the country, as socialism and communism didn't work.
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