Mysuru: China along with the developed nations will see a reduction of 5 per cent in their available labour force, while in India we will see an increase of 30 per cent by 2020, said Ranjan Mathai, former Foreign Secretary, Government of India who was in Mysuru to take part in the graduation day celebrations of MYRA School of Business.
Addressing the young graduates at MYRA School of Business premise here on Monday he said, “The success of MYRA will trigger the creation of further business ecosystem in Mysuru. Mysuru will emerge as a real rival to Bengaluru. The additional workforce in India can spur economic activities and set up higher growth trajectory. Hence it is important for Myra School of Business to re-think how they can contribute to this requirement”.
“In 1992, India’s trade export, import and all its engagement was valued less than 20 to 30 per cent of our GDP. Today, with our GDP more than five times of 1992, the size of our external engagements represents 50 percent of our GDP. Our economy has expanded and globalized in the most significant manner and the dynamics of global economy affects our lives more directly. Success in our globalized world means making world more Indian and India more global. To eradicate poverty in the country, finance, technology and resources should be accelerated further,” added Mathai.
M G Parameswaran, founder, Brand-Building.com, who delivered the key note address called upon the young graduates to take risk to succeed in life and also advised to know to learn from their own mistakes. He asked them not to hesitate to take calculated risk as it helps achieve greater heights in their career. He also called upon young graduates to build a risk friendly organisation where the employees should be encouraged to tell risky news and problems stating that it will be easy to deal with.
On the occasion, Ranjan Mathai presented certificates to 2nd batch Post-Graduate Diploma in Management belonging to 2014-15 batch and also to Post-Graduate Program for Executives belonging to 2015-16 batch.
Shalini Urs, founder and chairperson of MYRA School of Business, Sudhindra Seshadri, Senior Associate, Dean, MYRA School of Business and others were present.
