The Hindu : Tamil Nadu News : Young graduates told to have clarity on concepts

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Tamil Nadu

Young graduates told to have clarity on concepts

Staff Reporter

Graduation Day of SKP Engineering College held

Bridging skill gaps a challenge facing development ideals, says expert
“You are going to see 10 times growth in GDP of the country in your career”

Tiruvannamalai: In developed economies, the difference between the salaries of lower-level employees and those of top executives is not as huge as in India, S.Yegneshwar, Chief Consultant, Surge Forth Technologies Pvt. Ltd., Chennai said here on Saturday.

Delivering the graduation address at the 8th graduation day of SKP Engineering College, he said that while a top executive of a company in a developed country gets 10 times bigger salary when compared to a lower-level employee of the firm, the difference between top and lower-level employees in India is about 8,000 times. It was going to be a challenge for our development ideals. An economy whose GDP is set to grow 10 times in a couple of decades cannot afford to move forward without helping deprived sections, he said.

While pointing to “bridging skill gaps” as another challenge facing development ideals, Dr. Yegneshwar said that ‘dignity of labour' was one more challenge. “While people opt for jobs in information technology, only a few opt for agriculture, construction and other industries. You can't have lopsided growth,” he said. He brushed aside communalism and terrorism as lesser menace which would fade out as people would give up communal machinery over a time.

He has also insisted that young graduates having clarity in concepts as very much important. “You can't say I did my graduation in computer science engineering but cannot understand operating system and database,” he said.

Earlier, he said that India's Gross Domestic Product (GDP) was $1.05 trillion at present when compared to $14.3 trillion in USA and $5.8 trillion in China. If India maintains 8 to 9 per cent growth in GDP, the present GDP is set to grow more than 10 times by 2040. “Hence, you are going to see 10 times growth in GDP of the country in your career,” Dr.Yegneshwar said, addressing young graduates who just received their degrees.

PSK R.Periaswamy, chairman, Kongunadu Educational Institutions, Namakkal, delivered the special address. College Chairman K.Karunanidhi presided. Balasubramanian, principal, welcomed the gathering. R.Kuppusamy, secretary of the institution, was among the participants. Degrees were conferred on 435 candidates.

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