Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

In 300 years, Indian economy giving hope to overcome poverty: Narayana Murthy

Naryana Murthy

Naryana Murthy

Infosys co-founder N R Narayana Murthy while addressing the fourth convocation at the Madan Mohan Malaviya University of Technology (MMMUT) in Gorakhpur said that for the first time in 300 years, Indian economic environment is building confidence and optimism that we can overcome poverty.

Advertisementgreylabs

He said, “For the first time in 300 years, we have an economic environment that engenders confidence that we can indeed overcome our poverty and create a better future for every Indian. If we try hard, we can wipe the tears off the eyes of the poorest of the poor child, as Mahatma Gandhi wanted,”  while addressing the gathering that included Uttar Pradesh Governor Anandiben Patel, Chief Minister Yogi Adityanath besides MMMUT Vice-Chancellor Sri Niwas Singh, dozens of university professors and hundreds of students.

While explaining the true meaning of being patriotic he said, “It is easy to drape ourselves in our national flag and shout ‘Mera Bharat Mahaan’ and ‘Jai Ho’, but it is difficult to practice the values. Patriotism means what will bring the best out of every citizen.”

Advertisement24th Elets NBFC100 Tech Summit & Awards, Mumbai

Murthy said patriotism implies working for the country, putting its interests ahead of one’s personal interests.

AdvertisementInfoComm India 2026

“We have to put the interest of our nation ahead of our personal interests, avoiding our egos and biases,” he said.

AdvertisementElets BFSI AI Summit & Awards, Mumbai

Patriotism also means working with a zeal for the betterment of the society, he said.

“We have to constantly compare ourselves with countries better than us and learn from them. We have to shun apathy and become proactive in solving the problems of our society rather than expecting others to do it,” Murthy said.

“Our economy is growing at 6 to 7 percent this year. India has become the software development center of the world. Our foreign exchange reserve has crossed 400 billion dollars. Investor confidence is at a historic high,” talking about the current state of the economy, he said.

 

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of News

Blue Machines AI Launches Project Icebreaker Ahead of GFF 2026: A Sovereign AI Co-Innovation Program for Indian BFSI

Bengaluru, August 31, 2026: Blue Machines AI, an advanced agentic customer experience (CX) operating system for enterprises, has… Read more →

SBI General Insurance Records 10.9% GDPI Growth in Q1 FY27, Reports Strong Business Momentum

Mumbai, September 1, 2026: SBI General Insurance has started FY27 on a strong note, reporting a 10.9% year-on-year… Read more →

Econz and Google Cloud Launch Bengaluru’s First Dedicated Gemini Enterprise Experience Centre

Bengaluru, August 17, 2026: Econz IT Services, a Premier Google Cloud Partner, has launched Bengaluru’s first dedicated Gemini… Read more →

Jio Platforms Gets SEBI Nod for ₹37,700 Crore IPO, Set to Become India’s Largest Listing

Mumbai, August 31, 2026: Jio Platforms Ltd has received final approval from the Securities and Exchange Board of… Read more →

Pensionbazaar Launches Wealth 360 to Offer Unified View of Investments and Savings

Gurugram, August 27, 2026: Pensionbazaar has launched Wealth 360, a unified portfolio tracking platform designed to help users… Read more →

Capri Global Capital Shares Surge 9% as Diversified Lending Strategy Gains Investor Attention

Shares of Capri Global Capital Ltd. surged 9 percent to an intraday high of ₹260.85 on Wednesday, extending… Read more →