“The prospective of national development ignoring the human capital is a serious threat to the nation’s development,” said Swami Vivekananda Youth Movement Founder Dr R Balasubramaniam in the city on Thursday.
He was delivering a lecture on ‘Our Development Vision for India’ organised by the Institute of Engineers at its centre.
Citing a study report on the growth of the countries after the death of Jesus Christ, he said that the country that fails to strengthen and protect its human resource has no future in the long term. Stating the recent union budget, he noted that it was unfortunate that the government was considering economic empowerment as the only criterion for development while it ignored the intellectual property of human capital in the country.
He stressed that physical, human, emotional and spiritual capital were the core elements of the country’s growth. The above criteria were appropriately implemented in the ancient India which elevated the country to a higher level in the world. However, the country’s growth suffered a severe setback during colonialism. To bringing back the nation’s intellectual property there was a need to understand the great culture of ancient India and adopt it for future growth, he added.
Members of Institute of Engineers C N Babu, P I Bharadwaj and Secretary P Dhanalakshmi were present.