Narayan Murthy, the co-founder of Infosys, included in the top Indian companies in the IT region, has attacked ‘Revdi Culture’. He has said that poverty is not going to end by giving free things in the country. He has told to create more and more jobs. He has also advocated a strong care of government subsidy.
Narayan Murthy speaking at an event organized on startup ecosystem in Mumbai Said“I have no doubt that every man of you will create millions of jobs in the coming time and you can solve the problem of poverty, you cannot solve the problem of poverty with freebic (Revdis), no country has been successful in it.”
Narayan Murthy said during this time that strict monitoring should be done regarding whatever facilities the government gives free. He gave the example of 200 units of free electricity for this. Narayan Murthy said that any family whom 200 units of free electricity should be given, after 6 months, they should be checked about how they use it.
On Revdi culture, Narayan Murthy has clarified that he is not making comments on the promises of any party but policy Arrangement But talking He said that if any benefit is being given to the public, then the government should also impose some conditions in return.
Narayan Murthy’s statement comes at a time when different political parties in the country are contesting the election using cash transfer, free electricity, free bus travel or other methods. This trend has increased rapidly in the last few elections.
The trend of providing Revdi and free facilities in Indian politics was tried by the Aam Aadmi Party (AAP) in Delhi and had great success in the 2015 and 2020 elections. After this, the Congress also got great successes in Karnataka, Himachal Pradesh and Telangana with the help of similar promises.
The BJP, which opposed the Revdi culture, has also later made promises like cash amount to women. However, economists have described this trend as dangerous for the budget and described it as a burden on the economy. The impact of the distribution of Revdi of the Congress government in Karnataka has also appeared on the budget.
The Congress government in Karnataka has set up the budget for the welfare of Dalits and tribal community in its ‘guarantee scheme’. The amount of thousands of crores of rupees has been invested in the guarantee scheme. Karnataka has also increased several taxes. However, this has not revealed such information on the poverty line in Karnataka. Narayan Murthy has spoken about this.
He has also clarified that no country has succeeded in it. Actually, his gesture was towards countries like Venezuela. Venezuela also started distributing revisions to its citizens with the help of oil earnings. He also distributed government jobs etc. a lot. Venezuela’s economy later Devastated Done
