India solving business issues at scale, but not social issues: Yaduveer

Yaduveer Krishnadatta Chamaraja Wadiyar, MP for Mysuru, at the unveiling of the BCIC Golden Jubilee Logo in Bengaluru on Thursday.
| Photo Credit:
ALLEN EGENUSE J.

India is solving its business issues at scale, yet at present, it is unable to solve its social issues at the same pace, observed Yaduveer Krishnadatta Chamaraja Wadiyar, MP for Mysuru, here on Wednesday.

While unveiling the Golden Jubilee Year logo of the Bangalore Chamber of Industry and Commerce (BCIC) here, Mr. Wadiyar said, “We are solving business issues at scale, but the social needs we are not able to solve at scale. So I would say an active alignment and a proactive agenda around CSR is required.” He further said, it shouldn’t be just about ticking a box but making a real difference.

He opined that regulatory frameworks should really catch up to ensure that economic growth reaches to the last mile.

“As we celebrate the Golden Jubilee of BCIC, we must recognise that the strong 50-year foundation that has been built is not merely a milestone of the past, but the launchpad for the next 50 years of India’s growth journey,’’ he said.

Tracing BCIC’s roots and connection to the royal family, he said the trade body was established in the erstwhile State of Mysore under the leadership of Maharaja Nalwadi Krishna Raja Wadiyar and guided by Diwan Sir M. Visvesvaraya, with the support of Yuvraja Kantirava Narasimharaja Wadiyar.

He noted that this early institution laid the foundation for structured industry-government collaboration in Karnataka. Drawing a parallel, he said BCIC continues that legacy by serving as a vital platform supporting policymakers and strengthening industry engagement.

Founded in 1976, BCIC has been serving as a platform for policy advocacy, industry representation and dialogue between business and government.

Prashant Gokhale, president of BCIC, reflected on the Chamber’s evolution and its continued relevance in a changing economic environment.

K. Ravi, senior vice-president and chairman of the Golden Jubilee Committee, outlined the roadmap for the commemorative year. “The Golden Jubilee year will honour this legacy while also focusing on the future, strengthening engagement, encouraging innovation and deepening our contribution to Karnataka’s development,” he said.