Innovative Entrepreneurship: The Key to Eradicating Poverty, Says Narayana Murthy

At Tiecon Mumbai 2025, Infosys Co-Founder Narayana Murthy emphasized that job creation through innovative entrepreneurship is crucial to eliminating poverty. Murthy argued that dependence on freebies is not a sustainable solution, suggesting policy incentives to foster genuine progress. He criticized the current state of AI offerings in the market.

N R Narayana Murthy, the co-founder of Infosys, emphasized the pivotal role of innovative entrepreneurship in eradicating poverty. Speaking at the Tiecon Mumbai 2025 event, Murthy underscored the necessity of creating jobs over providing freebies as a means to battle economic challenges.

In his address, Murthy argued that poverty could dissipate like 'dew on a sunny morning' if innovative enterprises flourished. He highlighted that real solutions lie in generating employment opportunities rather than relying on freebies, sharing concerns about the unsustainable costs they incur.

Murthy further elaborated on policy recommendations, advocating for incentives in exchange for benefits provided, such as free electricity. Commenting on technological advancements, he critiqued the superficiality of AI solutions available today, dismissing them as outdated programs disguised as innovations.

(With inputs from agencies.)