Rising hate crimes, intolerance to seriously damage growth, warns industrialist Adi Godrej


PTI, Jul 14, 2019, 10:01 AM IST

Mumbai: Noted industrialist Adi Godrej Saturday warned that the rising intolerance, hate crimes and moral policing can “seriously damage” economic growth of the nation.

Godrej, however, congratulated Prime Minister Narendra Modi for presenting a “grand vision” to build a new India and nearly double economy to a USD 5 trillion giant over the course of his second term in office. He was quick to add that all is not well in the country and pointed out a slew of concerns on the social front, warning of their impact on growth as well.

“It’s not all a rosy picture now. One must not lose sight of the massive impoverishness plaguing our nation which can seriously damage the pace of growth going forward and prevent us from realising our potential,” Godrej warned while addressing a gathering to celebrate the 150th anniversary of his alma mater St Xavier’s College.

The industrialist further warned that economic growth will be impacted if “rising intolerance, social instability, hate-crimes, violence against women, moral policing, caste and religion based violence and many other sorts of intolerance are rampant across the country,” are not contained to ensure social harmony. He said unemployment is at 6.1 percent, a four-decade high, and needs to be tackled at the earliest.

The “massive” water crisis, growing use of environment-damaging plastics and the crippling medical facilities, courtesy the countrys healthcare spend is the lowest among its emerging market peers, are some of the other issues that need to be tackled on a war footing, he said. Noting that many issues must be fixed at a fundamental level, he warned that without doing so, the country cannot achieve her true growth potential.

The remarks come amid a continuing spate of hate crimes like mob-lynching in the name cow or in the name of religion being reported from many parts of the country, including from a Mumbai suburb where a Muslim cab driver was assaulted recently because of his faith.

Godrej congratulated the prime minister for unveiling a vision to create a new India where “we dont live in fear and suspicion and can trust the political leadership for being accountable”.

But he was quick to add that things on the ground are taking time to change when it comes to accountability, but exuded confidence that the many measures initiated will lead to significant changes in the times of come.

Exhorting the students not to shy from leadership, he reminded them that leadership is about telling the truth without worrying whether it is popular or not. He also urged them to be compassionate and empathetic and at the same time level-headed.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Praveen Nettaru case: Police arrest two more persons

Chennai lad Pranav becomes India’s 75th Grandmaster

All restrictions relaxed; Sec 144 extended: Dakshina Kannada DC

Gold Rush: Boxers Nikhat Zareen, Amit Panghal, Nitu grab maiden CWG gold medals

Tree falls on bike-borne man, dies on spot

Mumbai: Civic hospital doctors save worker’s life by surgically removing steel rod from chest

One held with 295 turtles in Lucknow


Related Articles More

Vodafone Idea says industry needs tariff increases at regular intervals

BPCL posts net loss of Rs 6,291 crore in Q1

Musk countersuit accuses Twitter of fraud over ‘bot’ count

EMIs to rise as RBI hikes interest rate again

Gold marginally lower; silver falls Rs 487

MUST WATCH

NEWS BULLETIN 08-08-2022

Commonwealth Games medal winner Gururaj Poojari Grand welcome in Udupi

Mysuru Dasara 2022: Gajapayana flagged off from Nagarahole National Park

Road Covers Flood water at teerthahalli

Health, Earth, & We Can All Be Well With Natural Fertilizer |


Latest Additions

Praveen Nettaru case: Police arrest two more persons

Chennai lad Pranav becomes India’s 75th Grandmaster

All restrictions relaxed; Sec 144 extended: Dakshina Kannada DC

Gold Rush: Boxers Nikhat Zareen, Amit Panghal, Nitu grab maiden CWG gold medals

Fake loan App racket: Mumbai Police take 3 accused on remand

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.