HomeNewsTrendsKotak's Nilesh Shah suggests 84-hour work week, economist Sanjeev Sanyal agrees. Watch

Kotak's Nilesh Shah suggests 84-hour work week, economist Sanjeev Sanyal agrees. Watch

Kotak AMC CEO Nilesh Shah suggested that one generation of Indians should be working for 84 hours a week to ensure faster growth of the country. He also drew parallels with Infosys founder Narayana Murthy's remark on a 70-hour work week.

June 04, 2024 / 18:36 IST
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Kotak AMC CEO Nilesh Shah and economist Sanjeev Sanyal

After Infosys founder Narayana Murthy's remark on a 70-hour work week kicked up a storm on social media and ignited a debate among people, Kotak AMC CEO Nilesh Shah added to it and said that one generation of Indians should work 84 hours a week to "accelerate the country's growth". Shah, while speaking on the podcast Invest Aaj For Kal with Anant Ladha, said that working for 84 hours will also help everyone transfer to "middle and upper income levels".

"Charlie Munger wrote in one of his books that people in Korea worked 84 hours a week for one generation. That means 12 hours a day, every day, every month, every year," Shah said, adding, "Recently in India, Narayana Murthy mentioned working 70 hours a week, which created a controversy. He said that Indians need to work like Koreans, Chinese, and Japanese. If we work hard, there is no doubt that India’s growth will continue, the pace will accelerate, and there will come a time when there will be no sub-Saharan Africa-level poverty in India. We will have transferred everyone to middle-income and upper-income levels."

Retweeting the post on X by Ladha, economist and writer Sanjeev Sanyal wrote, "I agree. One generation will have to put in that effort and unlike the examples mentioned, also remember to procreate. It is doable (with the occasional break). We are that generation and perhaps the next one."

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However, social media users had mixed responses to Shah's remark and the comments section of Sanyal's post was flooded.

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