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Rising Intolerance, Hate Crimes Can Seriously Damage Economic Growth: Adi Godrej

Adi Godrej was quick to add that all is no🤡t well in the country and pointed out a slew of concerns on the social front, warning of their impact𓃲 on growth as well.

Rising Intolerance,𓃲 Hate Crimes Can Seriously Damage Economic Growth: Adi Godrej
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Noted industrialist and head of Godrej Group, Ad💃i Godrej on Saturday warned that the rising intolerance, hate crimes and mora🐠l 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 econo🧔my to a USD 5 trillion giant over the course of his second term in ofꦆfice.

He was quick to add that all is not well in the country and pointed out a slew of conceꦿrns 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 acrossꦅ the country," are not contained to ensure social harmony.

He said unemployment is at 6.1 per cent, a four-decade high, andꦕ needs to be tackled at the earl🌱iest.

The "massive" water crisis, growing use of environment-damaging plastics and the crippling medical facilities, courtesy the country's healthcare sp𒁏end 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 g𒉰rowth potential.

The🐻 remarks come amid a continuing spat꧅e 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.

God🐠rej congratulated the prime minister for unveiling a vision to create a new India where "we don't 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 come❀s 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 compassion♛ate and empathetic and at the same time level-headed.

(PTI) 

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