The fact that a formal engineering/MBA education isn't a prerequisite for business success is almost a tautology now, especially among software startups. So there is nothing new here. There are some half-truths though: > For some reasons, Indians just can’t deal with the fact that someone without pedigree can get somewhere in life. - Airtel, India's largest telecom company, was started by Sunil Mittal, armed with jus…
I would hardly say that he is belittling people in the situation you describe. What he is attempting to discourage is the mentality that sticks to the dogmatic cultural position even in the face of a) historical data indicating that academic pedigree isn't a rock-solid predictor of success, and b) local data indicating a higher than average likelihood of success for the individual in question. This is a specific exam…
Definition of success is extremely difficult to be given here.
I will give you a small example. Literacy is a big problem in India. Unfortunately since you can't read or write, your access to information is limited. This puts things like news papers and magazines outside your reach. Access to any kind of information will be weak(Access to information is the most thing for a person in the modern world)- You won't be able to make well informed decisions about anything, your knowledge of current affairs will be weak. Ultimately such a mass of people won't be able to make it big.
This is why basic education should be compulsory. Also these days knowledge of the English language is extremely important to do any work with people of other nations. English is not our native language or mother tongue. So we learn it only in schools.