India Inc’s performance in 2024 Padma honors list has been weak

 – Gudstory

India Inc’s performance in 2024 Padma honors list has been weak – Gudstory

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Only four individuals from the business world were nominated for the country’s top civilian honors ahead of Republic Day, making it the least-represented major sector for the Padma awards this year. Mint analysis of Home Ministry data showed that their share among all recipients – 3% of the total 132 awardees – has been very low for two consecutive years.

Last year, three (2.8%) of the 106 Padma awardees were from the ‘Trade and Industry’ category, a sharp decline from 7.8% in 2020 and 7.1% in 2022. This number reached a peak of approximately 11%. 2010.

The four ‘Business and Industry’ Padma awardees this year were: Jindal Aluminum Ltd chairperson Sitaram Jindal, Taiwanese company Foxconn chairperson Young Liu, longtime banker Kalpana Morparia and serial entrepreneur Shashi Soni. While Jindal and Liu were awarded the Padma Bhushan, the other two received the Padma Shri.

The list of 2024 Padma awards unveiled on Thursday displayed a strong focus on the arts, with 55 awardees, followed by 19 in literature and education, 13 in medicine, 12 in social work and seven each in sports and science. Was an award winner. There were six awardees in public affairs.

Historically, the arts have been the largest category of the four top honors in India (Bharat Ratna and three Padma awards), with 23% of all 5,236 recipients so far, followed by literature and education (19%).

‘Trade and Industry’ has given 224 awards so far, of which 139 have come in the 21st century, reflecting the growing importance of businessmen in post-liberalization India. Notably, industrialist JRD Tata remains the only businessman to receive the Bharat Ratna in 1992.

The distribution of Padma Awards in 2024 shows a diverse pattern across the 36 states and union territories of India, 32 of which have been represented at least once. Uttar Pradesh and Maharashtra received the highest number of Padma awards (12 each), followed by West Bengal (11) and Karnataka (nine).

The five recipients of the Padma Vibhushan, the second highest civilian award, were from Tamil Nadu (two), Andhra Pradesh (two) and Bihar (one). Maharashtra had the highest number of Padma Bhushan awardees, while all 12 awardees from Uttar Pradesh, India’s most populous state, received the Padma Shri, the fourth-highest civilian honour.

Historically, Maharashtra has been a significant recipient of these honors with 843 winners (16% of total), followed by Delhi with 833 awards. Tamil Nadu is at third position with 448 awards.


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