Delivering the keynote address at the inaugural function of P Parameswaran Navati Celebrations, Gurumurthy, a noted columnist, said that development in the West was based on the destruction of its history, culture and individual and societal relationships.
"They (left) were able to achieve the goal in Europe and Latin America," he said.
Gurumurthy said even Karl Marx had thought that India could move towards a revolution by destroying its culture.
Gurumurthy said the agenda of economic development as pursued by the western countries was a total fiasco.
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"During the G-20 Summit (at Hangzhou, China in 2016), the U.S. Was isolated by other countries due to such a policy," Gurumurthy was quoted as saying a release.
Hailing the success of demonetisation that expelled high denomination notes from circulation, he said the success of the measure was also due to the fact that people helped each other without monetary transactions.
Further, the policy document of Niti Aayog, approved by the Union Cabinet, has a major role to play for the economic prosperity of the country, Gurumurthy said.
Gurumurthy said India is marching ahead by treading on the path shown by Hindutva renaissance ideologues like Parameswar.
"The service of Parameswarji to the society cannot be ignored by anyone in the country," he added.
Inaugurating the function, Dr Vijay Bhatkar, Chancellor, Nalanda University, said India would become a developed nation when knowledge seekers from all parts of the world flock to its universities.
Bhatkar said India is the only country which has maintained a strong cultural identity from the historical period.
"America established its supremacy during the 20th century through its army strength. Now the 21st century is the time for India," he added.
The function, attended by Parameswaran, was presided over by BVK General Secretary M Mohandas.
BVK Jt Secretary R Sanjayan, General Secretary K C Sudhir Babu and Programme Committee co-Convenor A R S Menon also participated.