AIMAs'58th Foundation Day Celebrated

AIMA’ 58th Foundation Day Celebrated
You cannot change a country in a day: Anand Sharma
Not enough politics about increasing the bread size: Ravi Shankar Prasad
AIMA – JRD Tata Corporate Leadership Award goes to Dilip Shanghvi
21 February 2014 New Delhi: All India Management Association (AIMA), the apex body of management in India, celebrated its 58th Foundation Day, also known as the National Management Day, today. The celebrations included presentation of the prestigious AIMA – JRD Tata Corporate Leadership Award and a discussion on the theme ‘Governance for Growth’.
 
The AIMA – JRD Tata Corporate Leadership Award was presented to Mr Dilip Shanghvi, Founder and Managing Director, Sun Pharmaceutical Industries Ltd, by Mr Anand Sharma, Minister for Commerce & Industry and Dr Prathap Reddy, Founder Chairman, Apollo Hospitals Group.
 
Mr Shanghvi was felicitated for having created a global pharma company with revenues of more than $2 billion since founding it in 1983. The award was founded in 1995 and since then it has been conferred on India’s most distinguished business leaders, including Mr Aditya V Birla, Mr Azim Premji, Mr Sunil Mittal, Mr A M Naik, Mr Anand Mahindra and Ms Chanda Kochchar.
 
Mr Sharma and Dr Reddy also presented the AIMA Public Service Excellence Award to Mr Nandan Nilekani, Chairman, Unique Identification Authority of India. The award recognized Mr Nilekani’s contribution to the delivery of public services and his philanthropic support to education, health and micro entrepreneurship. The award was founded in 1998 and its past recipients include Mr E Sreedharan, Mr Arvind Kejriwal, Ms Ela Ramesh Bhatt, Justice Santosh Hegde and Dr Madhav Chavan.
 
Speaking on governance’s role in growth, Mr Sharma said, “You cannot change the country in a day.” He drew attention to the fact that India had gone from the right to vote to right to information, food and education. He said that India had made significant progress in regulation, as the country had gone from having only RBI as a regulator to having regulators for the key sectors of the economy, such as petroleum, telecom, power and aviation. He argued that the government was being pushed towards auctions and revenue maximization while its mandate was public welfare. He wondered why there was a lot of anger and turbulence despite responsive governance. “Have we gone wrong?” he asked.
 
AIMA also presented its brand and MSME awards on the occasion. Mr Ravi Shankar Prasad, Deputy Leader of Opposition in Rajya Sabha and Member of Parliament from Bharatiya Janata Party, presented the AIMA – R K Swamy High Performance Brand Award to Gujarat Co-operative Milk Marketing Federation, also known as AMUL. Mr R S Sodhi, Managing Director, of the organization received the award. Mr Prasad also presented the AIMA – Dr J S Juneja Award for Creativity and Innovation by MSMEs to Glo Tech Organics Pvt Ltd, a micro firm involved in agriculture technology.
 
Delivering the keynote on the theme ‘Good Governance is Good Politics’, Mr Prasad said, “Earlier politics was about identity, social justice and anti-incumbency…now governance is an issue in politics, and because of the demand of the people.” Prasad argued that governance was different from presence of laws. He argued that all the recent scams happened despite RTI and other laws being around. Commenting on political deficit on the issue of growth, he said, “India has a lot of politics about how to distribute the bread but not enough politics about how to increase the bread.”
 
Earlier, speaking on the role played by governance in growth, Dr Prathap Reddy gave credit to the quick decision making at the top level in the 1980s for launching corporate healthcare in India. Talking of future challenges of healthcare in India, he said, “We need to make the government bring policies to address the coming pandemic of diabetes, heart, cancer and infectious diseases.”
 
Mr Nandan Nilekani spoke about the value of digital governance to improving delivery of public services. “The return on investment on Aadhar would be substantial even if it could improve the productivity of welfare distribution by 10%, which would save Rs 30,000 crore a year compared to the life-time cost of Aadhar of Rs 15,000 crore,” he said.
 
Answering questions about joining politics, Mr Nilekani said, “I am in the business of solving problems. That’s what I do for a living.”
 
Speaking on India’s intellectual competitiveness, Mr Dilip Shanghvi said, “Fifteen years back when we entered the US market, we were asked will people use products Made in India. Today our competitiveness and innovation has changed it all.”
 
The Foundation Day celebrations were led by AIMA leadership, including Ms Preetha Reddy, President, AIMA and Managing Director, Apollo Hospitals Group; Mr H M Nerurkar, Senior Vice President, AIMA and Chairman TRL Krosaki Refractories Limited; Mr Firdose Vandrevala, Vice President, AIMA and Executive Vice Chairman, Essar Steel; Mr Gautam Thapar, Past President, AIMA and Chairman, The Avantha Group; and Mr D Shivakumar, Past President, AIMA and Chairman & CEO – India Region, PepsiCo India Holdings Pvt Ltd.
 
About All India Management Association (AIMA)
The All India Management Association (AIMA) is the national apex body of the management profession in India. AIMA is a non-lobbying organisation, working closely with Industry, Government, Academia and students to further the cause of the management profession in India. AIMA makes a constructive contribution to management learning and practice in the country by offering various services in the areas of testing, distance education, research, publications and management development programmes.
 

For further information, please contact

 
Ranjana Bhardwaj
rbhardwaj@aima.in
Mob:- 9313342654