Speech by the President of India, Shri Pranab Mukherjee inauguration of Karnataka Chambers of Commerce and Industry (FKCCI)




Speech by the President of India, Shri Pranab Mukherjee inauguration of the Centenary Celebrations of the Federation of Karnataka Chambers of Commerce and Industry (FKCCI) 


1. It is my privilege to be here this evening to inaugurate the Centenary Celebrations of the Federation of Karnataka Chambers of Commerce and Industry (FKCCI). I congratulate you all on your journey so far and reaching this important milestone. I understand this federation was established as the Mysore Chamber of Commerce in 1916 by Sir M. Visvesvaraya. It is today a premier organization for industry, trade and service sectors in Karnataka. 

2. Bharat Ratna Visvesvaraya was an engineering genius, visionary, statesman and scholar. Even prior to India’s independence, he spearheaded the movement for industrialization with his slogan ‘industrialize or perish’. 

3. This federation as well, has contributed in transforming the vision of Visvesvaraya into reality. It has played a catalytic role in policy-making, representing business and industry in government bodies, providing a platform to businessmen for discussion, and interacting and working with the government to resolve problems faced by the industry. It has disseminated information on business and economy, organized seminars, workshops and training programmes, and published books and papers on subjects in its domain of work.It has promoted international trade by organizing meetings with visiting foreign business delegations, and facilitating the participation of Indian industry delegations in trade fairs abroad. As this august industry body enters its one hundredth year of service, it is heartening to note its contribution to the economic development of Karnataka. 

Ladies and Gentlemen: 

4. Karnataka is one of the leading states driving India’s economy. It contributes 6 percent of India’s GDP, 7 percent of fixed capital and 13 percent of her exports. Many important public sector enterprises like Bharat Heavy Electricals Limited, Hindustan Aeronautics Limited, Bharat Electronics Limited and BEML were established here soon after India’s independence. Successive governments in Karnataka have implemented proactive and business friendly policies. 

5. Karnataka is propelling growth, crafting careers and creating wealth through a potent mix of resource and skill oriented, and technology and knowledge based products and services. It is one of the most technology savvy states in India, with a tradition of employing technology across various sectors of the economy. 

6. I am told that Karnataka is home to over 1,000 large and medium manufacturing industries in sectors like machine tool, steel, cement, automobile, and aerospace. Nearly 60 percent of biotech units in India are also located here. It has about 1,200 companies in information technology (IT) sector. It is a leader in IT and IT enabled-services sector that accounts for more than 40 percent of India’s software exports. Bengaluru is rightly dubbed the Silicon Valley of India. These industrial enterprises apart, Karnataka’s 600 textile units and a large agro-based industry provide substantial employment opportunities to the youth.The growing importance of MSME sector in industrialization and employment generation is clearly visible in Karnataka. 

7. Karnataka has a supportive eco-system that has transformed it into a prominent hub in the global industrial landscape. Its entrepreneurial spirit in innovation and R&D has been recognized the world over.Its rich natural resources, proactive policies, talented workforce and strong economy have propelled the state to become a preferred investment destination in diverse sectors like aerospace, automobiles and auto-components, IT, bio-technology, food processing and healthcare. More than eighty Fortune 500 companies and 700 multi-nationals are based here. 

Ladies and Gentlemen: 

8. Karnataka’s growth story mirrors the growth journey of India. At an average of 7.8 percent per year during the last ten years, India’s economic performance has been impressive. Even more creditable is the fact that India’s economy withstood well the global economic slowdown precipitated by the financial crisis of 2008. Our GDP grew at 8.6 and 8.9 percent in 2009-10 and 2010-11, respectively. Fiscal expansionary measures helped in maintaining the growth momentum amidst downturn anxieties emanating from the global markets. The experience of the developed economies in the past few years suggests that an economy at full employment, but with inflation higher than the normal may be better positioned to withstand a bout of financial stress than one that is flirting with deflation. In our case we have also seen that business sentiments once broken and depressed may take considerable time to mend and revive the growth momentum. 

9. India’s economy has been fairly resilient to the global financial crisis of 2008. Growth momentum was impacted, but recovery has been significant and rapid in comparison to trends witnessed elsewhere in the world. Macro-economic parameters like inflation and external sector balance have improved in the past year. The current account deficit has narrowed to 1.7 percent of GDP in April-December 2014 from 2.3 percent in the corresponding period last year. At over 350 billion US Dollars, we now have comfortable foreign exchange reserves to meet the next set of challenges from global economic developments. 

10. Given the macro-economic prospects, our economic growth should regain the 8 percent plus level soon. In a country like ours, there is no greater imperative than a robust and sustained economicgrowth. Achievinghigh growth is a potent tool to fight the scourge of poverty. The proportion of population living below poverty line in our country declined from 37.2 per cent in 2004-05 to 21.9 per cent in 2011-12.About 85 million people were lifted out of poverty during the three year period 2009-10 to 2011-12. 

11. For a nation aspiring to be among the developed economies of the world it is not enough to be satisfied merely by poverty alleviation. We have to commit ourselves to the goal of poverty elimination.To my mind, a lasting solution to the problem of poverty and inequality is generation of gainful employment opportunities and creation of a skilled labour force. The government’s focus on Make-in-India, Skilling India and Digital India are geared to achieve that objective. I urge the industry to take part through its CSR activities and lend a helping hand in taking these initiatives to their logical end. 

Friends: 

12. Developing businesses into models of excellence calls for deeper application of management principles. It also requires a better appreciation of the socio-economic realities. Businesses are meant not only to earn profits for their shareholders but also to add value to the society at large. Industry leaders would do well to build this gospel of doing business into their corporate work culture. 

13. Let me conclude by complimenting the federation once again. I wish all of you the very best for the future. 

Thank You. 

Jai Hind. 

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Karnataka's supportive ecosystem has transformed it into a prominent hub in the global industrial landscape, says President 

The President of India, Shri Pranab Mukherjee inaugurated the centenary celebrations of the Federation of Karnataka Chamber of Commerce and Industry (FKCCI) this evening (July 27, 2015) at Bangalore. 

Speaking on the occasion, the President recalled that FKCCI was established as the Mysore Chamber of Commerce in 1916 by Bharat Ratna Sir M. Visvesvaraya, engineering genius, visionary, statesman and scholar. The President said even prior to India’s independence, Visvesvaraya spearheaded the movement for industrialization with his slogan ‘industrialize or perish’. 

The President said Karnataka is one of the leading states driving India’s economy. It's growth story mirrors the growth story of India. Karnataka has a supportive ecosystem which has transformed it into a prominent hub in the global industrial landscape. It's entrepreneurial spirit in innovation and R&D has been recognized the world over. Karnataka contributes 6 percent of India’s GDP, 7 percent of fixed capital and 13 percent of its exports. Successive governments in Karnataka have implemented proactive and business friendly policies. Karnataka is propelling growth, crafting careers and creating wealth through a potent mix of resource and skill oriented, and technology and knowledge based products and services. It is one of the most technology savvy states in India, with a tradition of employing technology across various sectors of the economy. 

The President said achieving high growth is a potent tool to fight the scourge of poverty. The proportion of population living below poverty line in India declined from 37.2 per cent in 2004-05 to 21.9 per cent in 2011-12. About 85 million people were lifted out of poverty during the three year period 2009-10 to 2011-12. But for a nation aspiring to be among the developed economies of the world it is not enough to be satisfied merely by poverty alleviation. We have to commit ourselves to the goal of poverty elimination. A lasting solution to the problem of poverty and inequality is generation of gainful employment opportunities and creation of a skilled labour force. The government’s focus on Make-in-India, Skilling India and Digital India are geared to achieve that objective. He urged industry to lend a helping hand in taking these initiatives to their logical end. 

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Speech by the President of India, Shri Pranab Mukherjee on the occasion of inauguration of Centenary Celebrations of University of Mysore 

1. It is my pleasure to be here on this historic occasion to inaugurate the Centenary Celebrations of University of Mysore. It is one of the oldest universities in our country. I am also happy to have the opportunity to visit Mysore. With Chamundi Hills as its backdrop, this city is dotted with beautiful palaces and attractive Indo-Saracenic buildings. 

2. Mysore is an academic hub today, comprising prestigious institutions in wide array of disciplines – from ayurveda to medicine, management to engineering, law and commerce. The University of Mysore, which is headquartered here, has pioneered higher education in Karnataka. It was founded under the patronage of ‘Rajarshi’ Nalwadi Krishnaraja Wadiyar and with the able assistance of Diwan Sir M. Visvesvaraya in 1916. 

3. Both Rajarshi Wadiyar and Diwan Visvesvaraya were steadfast in their commitment to bring enlightenment to the people of this state. The Maharaja in the first convocation of this University in 1918 had eloquently said of Visvesvaraya, which I now quote: “I feel that I should acknowledge on this public occasion a debt of gratitude from myself and my people to Sir M. Visvesvaraya the Diwan of my state. It is chiefly his patriotism, his enthusiasm and his unflinching advocacy which converted what was once little more than a dream of the future into a living creation and his name will always be remembered above all others, as the man to whom our university owes its being” (unquote). 

Ladies and Gentlemen: 

4. On this occasion, I would like to recall the names of some of the stalwarts - the first Vice Chancellor Shri H.V. Nanjundayya, Dr. Sarvepalli Radhakrishnan, Dr. Brajendranath Seal, Dr. C.R. Reddy, Prof Thomas Denham, Prof A.R. Wadia, Prof M. Hiriyanna, Dr. K.V. Puttappa (Kuvempu) and Dr. D. Javare Gowda - who shaped the destiny of this great university. The others who followed kept the flag of this institution flying high, capitalizing on the rich legacy and moving forward with purposive action. In 1960, all the post-graduate departments were brought together in one location - the beautifulMana-sagan-gothri - where we are assembled today. This campus was named so by Vice Chancellor Kuvempu who was also a poet laureate. He emphasized the use of mother tongue as the medium to communicate and inspired innumerable scholars to write textbooks for higher education. 

5. Due to the vision of its academic leaders and hard work of others associated with it, University of Mysore has been a story of progress. Beginning with 11 departments, I am told that it now has 54 post-graduate departments, two post-graduate centres, one satellite centre, four constituent colleges, 49 research centres and 38 outreach centres. It has 85,000 students on its rolls including 1,400 students from 64 countries. What started as a small rivulet has assumed the proportion of a roaring river today. I compliment you all and urge you to keep going! 

6. The motto of this University is derived from a shloka that Krishna told Arjuna in the battlefield of Kurukshetra, which I quote: “Nahi Jnanen Sadrusham Pavitra Iha Vidyate” (unquote), which means, there is no purified in the world like knowledge. The founding fathers of this centre of higher learning wanted education to be taken to the doorsteps of the common man. At the assembly of Vice Chancellors in Cambridge in 1934, Prof J.C. Rollo, Principal of Maharaja’s College, spoke about the ‘Mysore Experiment’, where the university professors with their erudition and knowledge went to villages and remote areas to share their wisdom. The Vice Chancellors attending the Conference declared their intention to replicate this model. Eight decades later, this method of knowledge propagation is still relevant in our country. In that context, I have said elsewhere that ‘a university is the banyan tree whose roots lie in basic education, in a vast network of schools that build the intellectual prowess of our communities; we have to invest in every part of this knowledge tree, from seed, root and branch to the highest leaf’. I wish to see your academic leaders continue their engagement with the society at large in disseminating knowledge. 

Ladies and Gentlemen: 

7. India with two-third of her 1.25 billion people below 35 years of age holds great prospects to become one of the front ranking nations in the world. To unleash the potential of her energetic youth, a world-class educational system is necessary. Though India’s higher education is the second largest in the world, the enrolment rate at 20 percent is not enough to improve the future prospects of the youth and harnessing opportunities in an increasingly knowledge intensive world. Many bright scholars go abroad for higher studies for want of good quality institutions in our country. 

8. The government has made considerable efforts to expand the higher education sector by starting new IITs, NITs and central universities, besides other institutions. Even the private sector has started contributing significantly to this expansion in higher education. However, if an objective analysis of the state of higher education in our country is undertaken today, it is easy to suggest that there are only a handful of higher education institutions possessing the quality to produce graduates for the global market. Indian institutions are absent from the top 200 positions in world university rankings published by reputed agencies. 

Friends: 

9. Transforming the higher education sector requires innovative changes on several fronts. Availability of good faculty is one. Teaching must be made more attractive as a career option for bright students. To inject new thinking and diversity in pedagogy, faculty must also be hired from abroad. Faculty development through exchange programmes, participation in seminars and workshops, and joint research and project work with academic and industry partners is another area we need to lay emphasis on. 

10. If faculty is the lifeblood of a higher education institution, then a good governance structure is its taproot. Good governance must play a central role in the growth of an institution. For that, it must identify and incorporate expertise from varied fields including industry and alumni, to support considered decision-making processes in the academic institutions. A concerted effort to involve the industry in academic affairs could reap benefits in terms of sponsorship of research endowments, creations of chairs, conduct of internship programmes and improvement in the employability of students. 

11. Present-day higher education institutions ought to apply dynamic learning models. They must deploy technology to efficiently disseminate academic material to greater number of students, engage resource persons through e-platforms, and establish linkages with research and other academic institutions. Collaborative partnerships must be aimed at pursuing frontier research and creating synergy in the development of new concepts for furthering human wellbeing. 

Friends: 

12. There is unfortunately a general neglect of research in our universities. This must be reversed. Our country grapples with many socio-economic problems and answers to many of them have eluded us so far. We must identify areas that call for innovative solutions and facilitate our universities and institutions to undertake research programmes. We must adopt a multi-disciplinary approach as most research activity requires the meeting of minds from multiple domains. 

13. Our universities must promote scientific temper amongst students. A way forward could be to give wings to the ingenuous ideas of students and grassroots innovators. The initiative of setting up Innovation Clubs taken up in several Central Universities could be replicated by others. It will act as a platform where novel ideas are nurtured and innovators mentored to develop new products. I urge you to spearhead an innovation movement in this region. 

14. Let me conclude by complimenting your institution on celebrating its one hundred years of fruitful service to the people. Accept my best wishes for a successful conduct of your year-long centenary festivities, which I am happy to note, includes a theme song, play, documentary and a film about your history. Best of luck for the future! 

Thank you. 

Jai Hind. 

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President urges University of Mysore to spearhead an innovation movement in the region 

The President of India, Shri Pranab Mukherjee inaugurated the centenary celebrations of University of Mysore today at Mysore. 

Speaking on the occasion, the President recalled that University of Mysore was founded in 1916 under the patronage of 'Rajrishi' Nalwadi Krishnaraja Wadiyar with the able assistance of Diwan Sir M. Visvesvaraya. It's destiny has been shaped by stalwarts like the first Vice Chancellor Shri H.V. Nanjundayya, Dr. Sarvepalli Radhakrishnan, Dr. Brajendranath Seal, Dr. C.R. Reddy, Prof Thomas Denham, Prof A.R. Wadia, Prof M. Hiriyanna, Dr. K.V. Puttappa (Kuvempu) and Dr. D. Javare Gowda. Others who followed have kept the flag of this institution flying high, building on the rich legacy and moving forward with purposive action. 

The President said that India with two-third of her 1.25 billion people below 35 years of age can become one of the front ranking nations in the world. To unleash the potential of her energetic youth, a world-class educational system is necessary. Though India’s higher education system is the second largest in the world, the enrolment rate at 20 percent is not enough to improve future prospects of the youth or harness opportunities in a knowledge intensive world. Many bright scholars go abroad for higher studies for want of good quality institutions in our country. 

The President said that the Indian universities must promote scientific temper amongst students. A way forward could be to give wings to the ideas of students and grassroot innovators. The initiative of setting up Innovation Clubs taken up in several Central Universities could be replicated by others. It will act as a platform where novel ideas are nurtured and innovators mentored to develop new products. He urged University of Mysore to spearhead an innovation movement in the region. 

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President of India’s message on the eve of National Day of Peru 

The President of India, Shri Pranab Mukherjee has extended his greetings and felicitations to the Government and people of the Republic of Peru on the eve of their National Day (July 28, 2015). 

In his message to His Excellency Mr. Ollanta Humala, the President of the Republic of Peru, the President has said, “On behalf of the Government, the people of India and on my own behalf, it gives me great pleasure to extend warm greetings and felicitations to you and to the friendly people of Peru on the occasion of your National Day. 

India and Peru traditionally enjoy close and friendly relations which have strengthened and widened to include many new areas of cooperation. I am confident that the relations between our two countries will continue to strengthen and diversify in the coming years. 

On this occasion, I would like to convey to Your Excellency my best wishes for your happiness and good health, as well as for the progress and prosperity of the friendly people of Peru.” 

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President of India condoles the passing away of Shri BK Handique 

The President of India, Shri Pranab Mukherjee has condoled the passing away of Shri Bijoy Krishna Handique, former Union Minister. 

In his condolence message to his wife, Smt. Swarup Rani Handique, the President has said, “I am sad to learn about the passing away of Shri Bijoy Krishna Handique, a friend and colleague of long years. 

Shri Handique served the nation with distinction in different capacities during his public life. He was Member of Parliament from the Jorhat Lok Sabha constituency for six consecutive terms from 1991 to 2014, He also served as Member of the Assam Legislative Assembly from 1972 to 1978 and Member of Parliament (Rajya Sabha) from 1980 to 1986. 

His services to the nation as a Union Minister of State for Defence, Parliamentary Affairs, Mines, Chemicals and Fertilizers and Minister for Mines and North Eastern Region during the tenure of the UPA Government will be always remembered. 

Shri Handique made immense contribution for the welfare and development of the people of India, especially the State of Assam. 

Please accept my heartfelt condolences and convey the same to the rest of your family members. I pray to the Almighty to give you and other members of the family strength and courage to bear this irreparable loss.” 

Speech by the President of India, Shri Pranab Mukherjee inauguration of Karnataka Chambers of Commerce and Industry (FKCCI) Speech by the President of India, Shri Pranab Mukherjee inauguration of Karnataka Chambers of Commerce and Industry (FKCCI) Reviewed by Ajit Kumar on 9:16 PM Rating: 5

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