Narayan Murthy, Azim Premji slam UPA over policy paralysis - NewsX
Amid growing perceptions of policy paralysis, top industry leaders have come down heavily on the current state of affairs in the economy, saying that India's image seems to have taken a hit. Top business leader N R Narayana Murthy, co-founder of home-grown global IT giant Infosys, has said, "Over the past 3-4 months, India's image seems to have suffered. As an Indian, I feel very sad that we have come to this state." Another IT major Wipro's Chairman Azim Premji has said that "we are working without a leader as a country. If we do not change, we would be down for years." The comments from the two leaders come amid warning from the global agency Standard and Poor's that India risks losing its 'investment grade' rating due to "slowing GDP growth and political roadblocks to economic policy making".
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