Akshata Sharma
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Kotak AMC CEO Nilesh Shah, recently in the podcast "Invest Aaj For Kal with Anant Ladha", said that working 84 hours a week could boost India's growth and elevate everyone to "middle and upper-income levels."
Shah's remarks follow those of Infosys co-founder Narayana Murthy, who advocated for a 70-hour work week, which sparked a storm on social media and ignited a debate about work-life balance.
"Charlie Munger wrote in one of his books that for one generation, people in Korea worked 84 hours a week. That means 12 hours a day, every day, every month, every year," Shah noted.
He added, "Recently in India, Narayana Murthy mentioned working 70 hours a week, which stirred controversy. He said that Indians need to work like Koreans, Chinese, and Japanese. If we work hard, there is no doubt that India's growth will continue, the pace will accelerate, and a time will come when there will be no sub-Saharan Africa-level poverty in India. We will have lifted everyone to middle-income and upper-income levels."
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