Narayana Murthy said- Poverty will be overcome not by giving things for free, but poverty will be overcome by employment generation

Freebies Debate: NR Narayana Murthy, co-founder of Infosys, said that poverty will not be removed from free things, but it will end with the employment creation of innovative entrepreneurs. In the Tycon Mumbai-2025 program, Murthy called upon entrepreneurs to focus on making more companies and businesses. He said that if we are capable of creating innovative enterprises, then poverty will be ‘disappeared’ like a sunny morning dew.

Addressing a group of entrepreneurs, NR Narayan Murthy said, “I have no doubt that each of you will create hundreds of thousands of jobs and similarly you will solve the problem of poverty.” You cannot solve the problem of poverty by giving free gifts, no country has succeeded in it.

This statement of the co-founder of Infosys has come at a time when there is a debate on free things and their cost. Later, Murthy clarified that he did not know much about politics or governance, but he has made some recommendations from the perspective of policy structure. He said that in return for profit, the improvement in the situation should also be assessed. Giving the example of free electricity up to 200 units per month, Murthy said that the state can be surveyed at the end of six months in such houses whether children are studying more or not.

He also said that most of the artificial intelligence (AI) solutions sold these days are ‘silly, old programs’ that are promoted as future work. AI includes ‘machine learning’ and ‘deep learning’ capabilities.

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