Corporate India has a role to play in distributive justice

Corporate India has a key role in ensuring distributive justice through capacity building programme and thus making the youth employable, said R Seshasayee, managing director, Ashok Leyland Limited.

Delivering the 'Leaders Speak on Management' lecture series organised by the Madras Management Association (MMA) to mark its golden jubilee celebrations, Seshasayee said that if the government was not able to create enough job opportunities, Indian industries should come forward to making the youth employable through capacity building programme. However, he added that reservation in private sector should not be made mandatory.

Noting the strides made by the country in the fields of manufacturing and Information Technology enabled Services (ITeS), he remarked that India still is lagging behind in social development.

Calling for steps to be taken to ensure distributive justice, he asserted that the situation could possibly result in social unrest. "One of the biggest issues we have to address is the woman empowerment in India," Seshasayee added.

Stressing on the importance of Intellectual Property Rights (IPR) as "a knowledge capital that we can own," he said that knowledge in the form of IPR is critical as they have far more resource earning capabilities.

The MMA has plans to publish the lecture series in the form of brochures and digital video discs (DVDs).