India poised to lead by 2047: Ex-CM Bommai

Bengaluru, Dec 22 (FN Representative) “India’s future is bright, offering immense opportunities for those who seek to progress,” said former Karnataka Chief Minister Basavaraj Bommai, expressing his strong belief that by 2047, the country will emerge as a global leader across all sectors. Speaking at the ICSI Excellence National Awards in Corporate Governance held at ITC Gardenia, Bommai reflected on the significant transformation India has experienced over the past decade. He noted that the challenges and high expectations of the past had now paved the way for the country’s achievements. “Everything is transforming into results. There is no miracle happening now. This country is not run by one or two entrepreneurs, but by a culture of good entrepreneurship,” he remarked, while also releasing books on the role of Company Secretaries.

The former CM further praised the evolving role of company secretaries, emphasising that they are no longer merely controllers but have become adaptable leaders shaping the corporate ecosystem. Bommai also expressed his admiration for the leadership of Prime Minister Narendra Modi, noting that the people of India trust his vision, with 25 crore people having been lifted out of poverty during his tenure. Madhusudhan Sai, founder of the Global Humanitarian Campaign, shared insights into ongoing welfare initiatives, revealing that 56 lakh students from classes 1 to 10 are being provided nutritious food, including millets and pulses, with support from farmers in Tumkur district. He urged the corporate sector to strengthen its support for CSR initiatives to further contribute to such impactful programs.

ICSI Vice President C.S. Dhananjay Shukla highlighted the vital role of company secretaries in enhancing corporate governance and announced plans for a new mediation center in Bengaluru aimed at resolving corporate disputes. ICSI Secretary Ashish Mohan shared that a special committee, led by retired Justice Sadashiva, had been established to recognise individuals and companies excelling in corporate governance, underscoring the importance of such contributions to the overall improvement of the corporate landscape. The event was attended by ICSI President B Narasimhan, former ICSI President C.S. Manish Gupta, ICSI Central Board Member CS Dwarkanath Chennur, and other distinguished guests.