Full Breakdown
Finance Minister Calls on Gen Z and Gen Alpha to Lead India Forward
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Core Address at Dr M G R Educational & Research Institute Convocation
On September 15, Finance Minister Nirmala Sitharaman addressed the 36th convocation of Dr M G R Educational & Research Institute in Chennai, urging young professionals to view national security and economic stability as a civic duty.
Background: Global Uncertainty and India’s Economic Position
Sitharaman cited three ongoing conflicts—the Russia-Ukraine war, the Israel-Iran confrontation, and tensions involving Iran, the United States, and Gulf nations—as sources of worldwide supply-chain stress for crude oil, gas, and fertilisers. She also referenced her recent North-America visit, where foreign leaders expressed surprise at India’s 7.8 % growth amid global headwinds.
Data & Statistics on Growth and Employment Hubs
- Economic growth: 7.8 % year-on-year expansion.
- Global Capability Centres (GCCs) in Tamil Nadu: 350 GCCs, about 10 % of India’s total.
- Coimbatore cluster: 80 GCCs employing roughly 12,000 professionals.
- Graduates at the ceremony: Over 3,200 students received degrees across medical, engineering, law, management and allied health streams.
Official Statements & Responses
The minister invoked couplets from the Thirukkural, emphasizing the enduring value of education, patience, and humility.
Verbatim Quote
- “Whether you call yourselves Gen Z or Gen Alpha, we are all ready to listen to what you have to say… you must reflect on what is happening around you, what your role is, and what can be achieved for the country through you,” — Nirmala Sitharaman, finance minister
These remarks underscore the minister’s call for youth engagement, economic resilience, and responsible professional growth.