Financial Daily from THE HINDU group of publications
Saturday, Apr 29, 2006
Financial Daily from THE HINDU group of publications Saturday, Apr 29, 2006 |
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Corporate
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Society & Development Industry & Economy - Social Welfare India Inc needs to inculcate national responsibility: Somnath Our Bureau
Way to Global India It is time to launch a national concerted effort for all sections of people. Enriching the poor will help them play a more productive role in the economy and contribute to growth of organisations.
Kolkata , April 28 In a large country, one needs to look at future progress with a new concept of Gross National Entitlement (GNE), where people, specially those belonging to the vulnerable sections, will be entitled to earn their living, have education, right to access quality healthcare, obtain basic needs such as food, shelter, clothing, drinking water, and indeed will be entitled to live in dignity, instead of being forced to accept what is being doled out by the system. Speaking at the inaugural session of the 76th annual general meeting of the Indian Chamber of Commerce here on Friday, Mr Somnath Chatterjee, Speaker, Lok Sabha, said, "If we have to earn the distinction of being a Global India, then it is time that we launch a national concerted effort to ensure the enjoyment by all sections of people what their entitlements are, provided by our Constitution to be fundamental rights of the citizens and to see that governments, in the Centre as well as the States are run according to the Directive Principles of State Policy".
Addressing captains of industry, Mr Chatterjee said, "it is in corporate India's enlightened self-interest that it must seriously look at issues of socio-economic development and prosperity of India's economically disadvantaged sections". He felt unless the economic condition, education levels and quality of our population are enhanced, growth of corporate India will also be limited by the constraints of a low purchasing power and fragmented markets.
For a prosperous nation
According to him, "a prosperous nation will create more opportunities for corporate India than one where a majority of the people are under serious consumption constraints". Driving home the point, he said "if this large segment can be enriched, they can play a more productive role in the economy and also contribute to the growth of the organizations you lead". Pointing out that the corporate sector should not treat this obligation as a matter of philanthropy or charity, Mr Chatterjee said the need was to inculcate a mindset of "Corporate National Responsibility". Appreciating the contributions of the corporates to the process of national economic development, he said, "I would like you to extend the spirit of enterprise, managerial excellence and power of innovation to see how a more inclusive growth process can be achieved, which will encompass all sections of society".
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