InclusiveDevelopment

President Droupadi Murmu delivered a compelling address on Thursday, advocating for a paradigm shift in India’s education system, particularly in management institutions. The occasion was the conferment of the Lakshmipat Singhania – IIM Lucknow National Leadership Awards in New Delhi. President Murmu underscored the urgent need to integrate artificial intelligence (AI) into management education to foster comprehensive development. She emphasized the vital role of entrepreneurship in Indian culture, contrasting it with profit maximization, which she noted aligns more with Western values. Addressing the adverse effects of relentless production pursuits on humanity, including climate change and ecological disruptions, President Murmu stressed the importance of inclusive development. She praised the growing culture of self-employment among Indian youth, recognizing their contribution to the nation’s status as the third-largest global startup ecosystem. Commending the management skills and technical expertise displayed by Indian youth, President Murmu urged a transformation in educational curriculum to align with local companies, consumers, and society. She recommended a shift in focus from international case studies to those involving Indian and multinational companies operating within the country. Highlighting recent events, such as the successful rescue in Uttarakhand, President Murmu emphasized their significance as subjects for leadership and teamwork studies, especially during crises. She called for collaborative efforts between managers, educators, and organizational leaders to shape inclusive and effective national development. Regarding concerns about job displacement due to AI, President Murmu advocated integrating all dimensions of AI into management education. She reassured that individuals well-versed in AI need not fear job loss, emphasizing the role of institutions like IIM Lucknow in crafting curricula to propel India towards developed nation status. In her impassioned call for a paradigm shift in management education, President Murmu aims to equip future leaders with the skills and mindset necessary to navigate the complexities of the evolving global landscape. This, she believes, will contribute to holistic growth and sustainable development in India’s envisioned “Amrit Kaal.”