The Hindu : Encourage young professionals

Online edition of India's National Newspaper
Thursday, Dec 18, 2003

Business

Business

Encourage young professionals — Kalam

By Our Staff Reporter

Photo: Bijoy Ghosh

The President, A. P. J. Abdul Kalam, flanked by M. S. Kumar, President, Madras Management Association, to his right, and A. Sivasailam, Chairman, Amalgamations Group, to his left, at the MMA Annual Convention in Chennai on Wednesday.

CHENNAI DEC. 17. Prescribing a five-pronged strategy for all round development and doubling of the gross domestic product (GDP) to 10 per cent, the President, A. P. J. Abdul Kalam, today called upon the Indian industry to innovate and encourage young professionals to become small entrepreneurs.

Going by the experience of developed countries, such small entrepreneurs have the potential to provide job opportunity to at least 50 people and thus contribute to the socio-economic development. A combination of the efforts of young professionals, "engineers and technologists," and those who work towards providing urban amenities to rural areas must be the key driver of economic growth.

The strategies, he said inaugurating the annual convention (2003) of the Madras Management Association here on `vision to reality — the Indian journey,' were development of the agriculture and food processing sector.

Information and communication technology should be extended to other areas, including e-governance and tele-education and medicine, the President said The fifth strategy pertains to becoming self-reliant in technology, Mr. Kalam said, noting that the benefits of the knowledge society should be passed on to the "agriculture, industrial and information" societies.

The MMA President, M. S. Kumar, detailed the activities of the association and said it was propagating managerial excellence. The MMA Vice-President and Chairman of the convention committee, D. P. Padmanabhan, said discussions at the two-day meet would cover various industrial sectors. Senior leaders of the sectors would address it.

The Chairman of the Amalgamations group, A. Sivasailam, said the association was "moulding the management culture through education and training. He released the special issue of Business Mandate, brought out for the convention".

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