Addressing the gathering at the Bharat Biotech facility in Hyderabad, the Vice President of India Jagdeep Dhankhar lauded the heightened credibility of Padma Awards in recent times. The Vice President asserted that Padma Awards are now very authentic, being given to the deserving persons. “They are no longer driven by patronage or reputations built by event management” he added.
Addressing the economic concerns at Bharat Biotech, Dhankhar highlighted the significant drain of foreign exchange due to unnecessary imports. Criticising this practice as contradictory to the ethos of promoting local products and societal commitment, he warned people of three serious consequences: the avoidable depletion of foreign exchange reserves, the hindrance to domestic manufacturing by importing goods available locally, and the suppression of entrepreneurial opportunities.
Underlining that many of the world's top institutions draw their strength from their large alumni base, Dhankhar urged the alumni to come forward and form a strong alumni network through think tanks, contributing to the growth and development of the nation.
