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BW Businessworld

Make It Easier For Biz, FDI: Murthy

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Ahead of the presentation of the Union Budget, software icon N R Narayana Murthy on Monday urged the government to make it easier for businesses to grow and foreign direct investment, among others.

On his wish-list for the Budget, the chairman emeritus of software major Infosys, told reporters in Bangalore that if the government can do whatever is needed to accelerate the country's progress in basic and higher education, in the areas of nutrition, health and shelter, "that would be good".

Asked if he is looking forward to the Budget turbo-charging the economy, Murthy said in addition to that, the government needs to make it easier for businesses to grow, for job creation, for FDI and for building higher education infrastructure quickly.

Regarding higher education sector in the country, he said, "We have to speed up our responses to the critical areas that we have - whether entry of foreign universities in India, whether it's the formation of National Science and Engineering Board".

"All these issues will have to be decided with a sense of alacrity. Because education is one of the most critical infrastructures for the country," he added, stressing the need for taking "quick decisions" because "then you can go to the next steps".

The Union Budget will be presented on 16 March.