User:ColDavid

David Devasahayam’s View on Entrepreneurship’s Role In Poverty Alleviation

Being a citizen of India I feel that everyone should have a social responsibility towards reduction of poverty. I believe that the most successful way to diminish poverty is simply by generating more employment. It is here that the need of entrepreneurship needs to be understood.

It is for a fact that Indian workers who are highly skilled and have above average English literacy, talent, and skills give the country a big competitive edge in the global outsourcing business. Undoubtedly, I believe that India has the human capital to do extremely well in this growing competitive global market. Yet a Company like Infosys with its thousands of employees would not have happened had Mr Narayanamurthy not had the courage to move out of a cushy job to become an entrepreneur. Today, the country has seen astounding investments in the call center industry, financial services BPO, data management, and software development. I am sure that with this progressive trend, India will witness considerable augmentation in the next few years thus helping in the generation of employment for many talented Indians.

Though I served as a Commissioned Officer in the Army mainly battling militancy, my foremost passion on was to alleviate poverty by creating jobs and with that in mind I set up the Radiant Group of Companies in Chennai after taking voluntary retirement from the Army. Today, our group of companies recruits over 2500 people. The Radiant Group of Companies covers sectors like Cash Logistics Services, Gold Impex, Land Bank Management, Health & Wellness centre, Financial Services BPO and Radiant Protection Force. These are some efforts initiated by me particularly for employment generation, offering opportunities to ex-servicemen of the Armed Forces, Police, and people from Finance and Banking backgrounds. In addition to this, I feel a sense of enormous pride when saying that our company will enter the Micro Finance, Car Rentals and Health Care business as well during the coming financial year hence creating more productive, remunerative, and a secure form of livelihood, to many.

I am gratified to be playing my part as a responsible citizen but I strongly feel that further new programs for recruitment by entrepreneurs are the need of the hour.