Kotak’s CEO, Nilesh Shah, recently made a statement suggesting that Indians should work 84 hours a week in order to accelerate India’s growth and improve income levels. Shah’s remark came after NR Narayana Murthy, co-founder and former CEO of Infosys, advocated for a 70-hour workweek. Shah made his comments during a podcast called “Invest Aaj For Kal with Anant Ladha.”
Shah referred to a book by Charlie Munger, where it was mentioned that people in Korea worked 84 hours a week for a generation, equivalent to 12 hours a day, every day, every month, and every year. He also highlighted Murthy’s suggestion that Indians should work like Koreans, Chinese, and Japanese, emphasizing that hard work would lead to India’s continued growth and the eradication of poverty.
Economist Sanjeev Sanyal agreed with Shah’s remark, emphasizing the need for effort and procreation from the current and future generations. Sanyal supported the idea of a 12-hour workday, stating that it was achievable with occasional breaks.
Narayana Murthy’s comments on increasing India’s work productivity sparked a debate on work-life balance. He stressed that Indian youth should work for at least 70 hours a week to remain competitive with countries like China and Japan. Murthy also called for a reduction in decision-making time and a decrease in corruption in the bureaucracy.
In summary, there is a discussion within India about the ideal number of work hours to accelerate growth and improve income levels. While Shah suggests 84 hours a week, Murthy advocates for 70 hours, both emphasizing the importance of hard work and productivity for the country’s development.
It is not Aaj for Kal. These people are sadistic fools. Working for 10-12 hrs will create serious Health issues and sacrifice your Youth for filling their Coffers. Foolish comment. Enjoy your time with Family. Office isnt your House. Enjoy the Sun, leave office before 6. Spend time with Parents and Kids.
Are we born to serve the company where we work without caring the family.
Theoretically many things can be told but practically its not possible
Foolish. They don’t have family . They are actually lunatic and thinking to earn income . Let’s the health and family go to vain.
Please arrange for the amenities that is available at home including good food….will also get our family members to stay with us.
These are greedy corporates trying to increase their profits in the name of development and bat the cost of the employees.
CEOs should work 168 hours a week.
They don’t have time to catch public transport. They don’t have time to buy groceries. They don’t have time to play with their kids. They don’t have time to spend with their parents and in-laws. They don’t have time to wash their clothes and clean their utensils.
They have time to work 24*7
Normal Working hours in a week
USA: 40 hrs
Korea: 40hrs (Max 12 hrs overtime)
China: 40 hrs (max 3h overtime/day or max 36h/month
Japan:40hrs as per article 36
France: 35 hrs. Max 48 hrs in a week
Uk: 40 hrs since 1926.
There’s no limit to greediness. Does his family support his statement.