Infosys co-founder Narayana Murthy has defended his controversial statement about working 70 hours a week. He said that hard work is very important for India's progress. Murthy said at CNBC Global Leadership Summit – I am sorry, I have not changed my view. I'll take it with me to the grave.
He said he was disappointed by India's change from a 6-day working week to a 5-day week in 1986. India's development requires sacrifice, not rest. Drawing attention towards Prime Minister Narendra Modi working 100 hours a week, he said, 'When Prime Minister Modi is working so hard, then whatever is happening around us, we can appreciate it only through our work.
Last year Narayan Murthy had given this statement
Last year, in 2023, Narayan Murthy had advised the youth of the country to work 70 hours a week. After this the social media was divided into many different factions. After this statement, Murthy received as much support as he received criticism. However, experts believe that it will have a negative impact on people's health.
Murthy had said, it was a wrong decision to keep the family separate from the company.
Earlier in January, Narayan Murthy had said that keeping the family separate from the company was a wrong decision. He said, 'I used to think that corporate governance meant that the family should not be involved in it. Because in those days most of the businesses were family owned, in which the children of the family used to come and run the company. There were gross violations of corporate rules in these.
Murthy Family (from left)- Sudha Murthy, Aparna Krishnan, Rohan Murthy and Narayana Murthy
Narayana Murthy in 1981 founded Infosys
Narayana Murthy founded Infosys, India's second largest tech firm, in 1981. From then till 2002 he was the CEO of the company. After this, he was the Chairman of the Board from 2002 to 2006.
In August 2011, Murthy retired from the company with the title of Chairman Emeritus. However, once again he entered the company in 2013 as executive chairman. During this time, his son Rohan Murthy was working as his executive assistant.
Graphics Source: VaskarAssets
