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What they said about the PM’s speech

What they said about the PM’s speech
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First Published: Fri, May 25 2007. 06 13 AM IST
Updated: Fri, May 25 2007. 06 13 AM IST
Arun Maira
Chairman, Boston Consulting Group India (on ostentation)
“The most critical area (of the speech), in my mind, was about not consuming too much, not showing off too much, holding the surplus you get, as a trustee for others. I think we got on one side - the largest number of millionaires in Asia - for such a poor country. But before you can celebrate, you should lift more people out of destitution. ”
Jamshed J Irani
Chairman, Tata Teleservices Ltd
“What’ve I advised the CII (the confederation of Indian Industry) is (that) we ’ll focus on the third point regarding the affirmative option on which I’ve worked. All the ten points had some substance. Sometime, next week we are meeting to pinpoint exactly what we are doing on these and what more we need to do.”
Nimesh Kampani
Chairman, JM Financial
“It’s the administrative machinery in partnership with the central government, state government and private sector that is critical. We should work together to make sure development takes place....Investment in people with skills is very important and promoting innovation is equally important because, we must think of greater things than we are doing today. ”
R Seshasayee
Managing director, Ashok Leyland Ltd (on CEO compensation)
“Talent is very fungible it can move away from the country. I don’t think we can either go to the extreme of a ceiling of any sort (on remuneration). That would be a disaster. At the same time, we can’t go overboard and create a great deal of social tension. ”
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First Published: Fri, May 25 2007. 06 13 AM IST