Ahmedabad, June 27 -- Infosys founder NR Narayana Murthy on Friday said that scholarships are a very important tool of recognition and necessary for youngsters to excel in their careers.

"To provide an opportunity to people who excel in whatever they do, you need incentives. At this point, thanks to the PM, we have lofty ambitions and big dreams. Everyone accepts that we should encourage anyone who excels in any area or on any occasion. Therefore, scholarships become a very important tool of recognition, and they are necessary if we want youngsters to excel in whatever they do," Murthy said while addressing the gathering during an event at IIT Ahmedabad.

Infosys founder NR Narayana Murthy visited the Gujarat International Finance Tec-Ci...