Knowledge is a tangible asset, quite often the most important tool in your work. - A. P. J. Abdul Kalam

but we are still vulnerable to the vagaries of the global economic turbulence because of an excess of imports and reduced exports, leading to trade deficit, increased current account deficit — which leads to inflation — and the depreciation of the rupee to 60.49 per US dollar in June 2013.

if something is at stake, the human mind gets ignited and its working capacity gets enhanced manifold. That’s exactly what happened. This is one of the techniques of building talent. The message is that the young in the organization, whatever be their specialization, must be trained in such a way that they are prepared for new products, innovation and for undertaking higher organizational responsibilities.

The knowledge society has two very important components driven by societal transformation and wealth generation. The societal transformation is with respect to education, healthcare, agriculture and governance. These will lead to employment generation, high productivity and rural prosperity.