Eliminating shortcomings in Economy is also important along with growing opportunities
- October 9, 2023
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India has a robust economy that has earned the trust that it can fulfill long-term financial commitments. Both executive decisions and long-term changes in social expectations and organizations will require our best efforts in both cases.
At this time, the circumstances may not be entirely favorable, but we have a complex economic system that is making progress despite our limitations, processes, constraints, and regulations.
Our strength lies in the fact that, despite numerous obstacles, we are making effective efforts towards economic growth. Our pace allows for additional growth, provided that we can integrate more people into productive activities.
This needs to happen at multiple levels because there are many layers of individuals and initiatives in skills, activities, and organizations. Our comprehensive services encompass energy, water, sanitation, communication, transportation, healthcare, education, and skills, among others, but there are also specific requirements that demand a higher level of demand for more sophisticated activities. For example, highly skilled employees, machinery, or advanced manufacturing.
Such shortcomings need to be addressed in various sectors. For instance, in education and skills, procedural discipline, and meeting quality and standards on time. We can take pride in making things work with makeshift solutions, but it is essential for better products where there is minimal errors, whether it’s about a simple plug or jet engine.
For such improvements, visionary leadership and an objective-driven approach is necessary. Additionally, there is a need for rapid enhancements in education and training so that more skilled individuals can be trained and recruited, and quality and standards can be maintained across all sectors at all levels with better discipline.
It is essential that quality performance is systematically promoted in various sectors. This applies not only to high professional levels where discipline and excellence are required but also to simpler terms: things need to be efficient, executed correctly, and delivered on time. This requires diligent work right from the beginning.