N. R. Narayana Murthy Quotes
I think, my own personal view is there should be higher and higher levels of autonomy; government should not interfere in setting up colleges, in running colleges. The market, the society will decide which is a good university, which is not a good university, rather than government mandating.
Murthy, N. R. Narayana. Address at the Higher Education Summit, Federation of Indian Chambers of Commerce and Industry (FICCI), 2012.
The mantra was not heard much after the collapse of the ‘smart’ markets in 2008 and the ‘dumb’ governments had to come to the rescue of the economy all over the industrialized world.
This extreme view of regulation is one of the many views that caused the Nevada voters to reject her.
Some economic conservatives see little or no role for government. For many of them, in a free market there is no role for government. This quotation, from one of the economic heroes of the conservatives, shows that he not only saw a role for government, but believed that government was essential to the operation of a free market.
Nagavara Ramarao Narayana Murthy is an Indian billionaire businessman. He is the founder of Infosys, and has been the chairman, chief executive officer (CEO), president, and chief mentor of the company before retiring and taking the title chairman emeritus.