Mysuru :
Demonetisation will bring in positive changes in India’s economy and will improve financial status of its people, said Padma Bhushan K.V. Kamath, President of New Development Bank of Brazil, Russia, India, China and South Africa (BRICS) Countries.
Kamath was speaking as the chief guest after presenting Manava Rathna Award to Kamakshi Hospital at Rotary West Auditorium in Saraswathipuram last evening.
The Manava Rathna Award was instituted by Schevaran Scientific Foundation and was presented to Kamakshi Hospital in recognition of its charity. M. Vinod Rao, the first Managing Trustee of Bantwal Sulochana Madhava Shenoy (BSMS) Trust that manages the hospital, received the award. The event was organised by Schevaran Scientific Foundation and Rotary Club of Mysore West.
“Demonetisation has come as a precursor to digital currency and it would strengthen the country’s economy. It will curb corruption as now only documented money would be in circulation and it would be difficult to move unaccounted money. Even the rate of interest on home and vehicle loans would come down which will help bring down inflation. India has been registering an economic growth of 7.3% for many years and this is a positive sign of development. “We must identify the achievements of the country and celebrate them,” he said.
Kundapur Vaman Kamath, commonly referred to as K.V. Kamath, has served as the Chairman of Infosys Limited, the second-largest Indian IT services company, and as the Non-Executive Chairman of ICICI Bank, India’s largest private bank.
“Food prices and real estate rates will come down and it will be a boon to the market economy and the interest rates will come down by around 2 per cent in the next 12 months. All this will benefit the common man,” he said.
Comparing India with other developing countries like Brazil, China and South Africa, Kamath said that while those countries have shown speedy development, India did not get a platform for development. With demonetisation, India can accelerate growth,” he added.
Recalling the introduction of ATMs in the country by the ICICI bank for the first time, he said while many had doubts about its success the ATM culture soon caught the imagination of the other bankers and also the customers.
The noted banker said that in the year 2000 there were only 150 ATMs and at present, there are more than 3 lakh ATMs in India. “This could be possible only due to digitalisation of banks and people’s participation and acceptance,” he added.
“More than anything, demonetisation will curb the menace of corruption in India. Though the move has led to a lot of inconvenience, it will benefit the country in the future. People will slowly switch over to cashless economy,” he opined.
YEOMAN SERVICE TO THE POOR
Kamakshi Hospital Administrator Dr. K.R. Kamath, Medical Superintendent Dr. C. Umesh Kamath and current Managing Trustee of BSMS Trust Mahesh Shenoy too were felicitated on the occasion.
Speaking after receiving the Manava Rathna Award, M. Vinod Rao said that the hospital was established with an intention of serving the poor and people from lower economic groups. The expansion of the hospital with a second unit has been taken up in J.P Nagar, he said.
Star of Mysore Editor-in-Chief K.B. Ganapathy, who was the guest of honour, said that service to mankind is equal to service to God. “This is the reason why Mother Teresa compared her service to the dying and the destitute as service to God,” Ganapathy said.
“I personally know the yeoman services provided by Kamakshi Hospital, specially to the poor and middle-class patients since 40 years. The doctors here and also the paramedical staff are so gentle and kind they sincerely consider their service as God’s service,” he said.
The Hospital well deserves this Manava Rathna Award which would further encourage the hospital doctors and staff to serve the community better and with great responsibility, Ganapathy added.
Administrator Dr. K.R. Kamath said that the hospital was committed to serve the poor and has launched several people-friendly programmes like the ‘Save A Child’ in association with Rotary Mysore West. Under this project, any child needing surgical intervention or special medical care is admitted for treatment free of cost. “It is a matter of pride to receive the award and we will continue to remain committed to the service of the society,” Dr. Kamath said.
Managing Trustee of BSMS Trust Mahesh Shenoy said that the hospital had close association with Rotary Mysore West since its inception.
“We will launch a series of healthcare facilities for the benefit of the poor,” he said. Medical Superintendent Dr. C. Umesh Kamath traced the journey of the hospital since it was established in 1973.
President of Rotary Club of Mysore West Rtn. C.R. Hanumanth, Chairman of Manava Rathna Award Committee and Founder Trustee, Schevaran Scientific Foundation Rtn. Sam Cherian, Secretary of Rotary Club of Mysore West Rtn. B.S. Srinath, Dr S.N. Mothi of Asha Kirana Hospital, Proprietor of Mangalore Ganesh Beedies Dr. M. Jagannath Shenoy and others were present on the occasion.
source: http://www.starofmysore.com / Star of Mysore / Home> General News / December 03rd, 2016