MADURAI: A strong family system, family support and skill transfer from one generations to the next generation within the family are strong reasons for success of Indian business model and our model is far better than the western business model, said BJP State Secretary Prof.Dr.Srinivasan in Madurai on March 27th 2018.
“Ninety per cent of Indian corporate business houses are owned by families…..Small scale businesses, small scale industries and trade are family owned…..It goes on for generations whereas in the Western countries families have no role because there is no family bond and family system with values and sentiment there,” he said at Sourashtra College in Madurai.
(VIDEO) LECTURE IN COMMERCE DEPT :
Prof.Dr.Srinivasan had highlighted that the role of unorganized sector in Indian business is very huge close to 65 per cent in our GDP.
“Wife and grandmother, parents and kin support for starting a business in our Indian system…..Our’s is risk-taking model but in the case of Western nations it is risk-avoiding……Our college students need more skills training / vocational skills and talent support,” he added.
BE JOB-GIVERS:
The BJP leader had pointed out that there is contradiction to be corrected in our present setup. “Uneducated employers and educated employees……yet there is business success. Our youth should aim to be job-givers job providers. Don’t look at Government for everything…….Become entrepreneurs…..,
Sourashtra College Principal Dr.Ramalingam and department faculty mmebers Prof.T.K.Ravichandran and Dr.K.K.Vijayakumar spoke.
