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Max Schmidheiny Stiftung

Issued: Max Schmidheiny Foundation freedom prize for 2001 awardet to Lennart Meri and N. R. Narayana Murthy

St. Gallen (ots)

Issued on: Saturday, May 19, 2001, 09.30 a.m.
On Saturday, May 19, in St. Gallen, Lennart
Meri, President of the Republic of Estonia, and N. R. Narayana
Murthy, Chairman and Chief Executive Officer of  Infosys
Technologies, were presented with the Max Schmidheiny Foundation's
Freedom Prize for the year 2001. The presentation took place at the
31st ISC Symposiums in the great hall of the University of St.
Gallen. An audience of more than 800 guests from all over the world
heard Dr Stephan Schmidheiny, President of the Foundation Council,
describe the achievements of the prizewinners.
Every year, the Max Schmidheiny Foundation honours persons and
institutions who have contributed to the maintenance and further
development of a free social and economic order. It thereby promotes
outstanding scientific, political and entrepreneurial initiatives and
achievements that safeguard individual freedom and responsibility.
This year's value of the prize is CHF 200,000.-; it was awarded for
the 23rd time.
Referring to the overall topic of the 31st ISC Symposium, the „New
Balance of Power",  Dr Stephan Schmidheiny discussed the role of
freedom as a "variable" in the interplay of forces. He paid
particular attention to the factors that are important for ensuring a
maximum level of individual freedom within the context of the balance
of power, which is constantly being changed as a result of the
continuous interaction between the authorities and interested
parties.
Freedom and individual responsibility have been enhanced by the
commitment of the prizewinners, Lennart Meri and N. R. Narayana
Murthy, in their own spheres of activity, politics and business,
whose development they have actively helped to form.
Lennart Meri has been honoured as an author and intellectual who
expressed with a poet's touch in his literary and cinematic works the
hopes and fears of his fellow countrymen and in so doing made a
significant contribution to maintaining the national identity of the
Estonian people during the period of Soviet occupation. As a
statesman, Meri's courageous yet judicious quest for freedom and
democracy shaped Estonia's aspirations to gain independence
peacefully and turned him into a moral and political authority within
his country. By supporting exemplary reforms in social policy, a
market-based economy and the reinstatement of democratic
institutions, Meri, a quintessential European, instilled
self-confidence and pride in his people. He has unfalteringly
smoothed Estonia's path into the community of democratic states, not
merely by emphasizing the historical bonds between Estonia and
Europe.
By awarding the prize to N. R. Narayana Murthy, the Max
Schmidheiny Foundation is honouring an entrepreneur who consistently
denounced the system of planned economy, control and suppression of
personal initiative and the bureaucracy that left India stagnating
during the 1980s and who, with a firm resolve, grasped the
opportunities once the new and more open economic order allowed him
to establish a trend-setting cyber company. As the pioneer of a 
meritocratic business culture who placed his trust in the know-how of
local specialists, Murthy thus made his company a beacon of quality
performance and commitment for employees, investors and the general
public. He made full use of the untapped potential of Indian business
culture and innovation and - ultimately - added both to the strength
of the Indian economy and his country's competitiveness. As an
advocate of social justice, Murthy sees the creation of individual
wealth by means of honest gainful activity as the best solution to
poverty, India's greatest curse. He is obviously aware that in India,
such a goal can only be attained with realism, modesty and the will
to combine an appropriate degree of modernization with continued
adherence to the spirit - rather than the form - of tradition.

Contact:

Max Schmidheiny Foundation
at the University of St. Gallen
P.O. Box 1045
CH-9001 St. Gallen
Phone +41 71 227 20 70

Further information (including photographic material):
www.ms-foundation.org and www.isc-symposium.org