Mysuru, Feb 29: More than 7,000 industrialists and entrepreneurs have left the country due to a deficit of trust, and incidents like the violence that rocked northeast Delhi will only affect the economy further, Sri Sri Ravi Shankar, founder of Art of Living Foundation, said on Friday.
Sri Sri was speaking at a corporate wellness conference on the theme, 'Wellness and Wellbeing for a Progressive Nation', hosted by CII in Mysuru. He said an atmosphere of fear and mistrust pervades the country and does not augur well for the economy.
"Bankers, too, are suspicious of everyone and not extending loans to industrialists. This has posed lots of problems," he said. "This attitude among bank officials should go as life depends on trust. When there is a deficiency of trust, there is a possibility of the economy slowing down," Sri Sri added
He said society is now facing two important issues - aggression and depression. "Some people stage protests and pelt stones which happened recently in Delhi. This is really unfortunate," he said, adding, "Fear lurks in the nation's capital, which is being used by many to create terror. This will affect the economy. No country will prosper without peace."
Wellness is the need of the hour, he said, adding, "Corporates used to spend half their health to gain wealth and spend half their wealth to regain their health. This isn't good economics. We have to talk and convince people to invest in wellness."
Comments
WE NEED A DIRECT FLIGHT FROM MANGALURU TO JEDDAH BY AIR INDIA OR JET AIRWAYS
when start jet airways from riyadh and jeddah to direct mangalore
Jet Airways can arrange Direct flights to Mangalore- Doha – Mangalore, really unsatisfied with Air India Service.
Congratulations to all Mangaluru expats in Sharjah.
good move jet airways. i m loving it. good bye air india.
Any news about Mangaluru-Damman Flight's as promised earlier?
Good news. But we need direct jet airways flights to Saudi Arabian cities from Mangaluru
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