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Time of India
09-07-2025
- Business
- Time of India
Humble gesture: Why Mindtree cofounder Subroto Bagchi treasures a Re 1 SBI cheque; calls it ‘biggest wealth'
File photo: Mindtree cofounder Subroto Bagchi Mindtree co-founder Subroto Bagchi has reminded the nation that the true measure of success lies not in money, but in meaning. In a heartfelt social media post, Bagchi shared a picture of a Re 1 cheque, his final salary after eight years of public service as chief advisor to the Odisha government for Institution and Capacity Building. 'For every year of the work I did with the government, the deal was that they paid me Re 1,' he wrote on X . 'For the 8 years out there, I got 8 cheques and this one here was my last salary drawn.' The symbolic payment, issued by the State Bank of India, wasn't just a token — it was a powerful reminder of service without expectation, a value Bagchi said he holds dear. As per ET, Bagchi accepted the role in 2016 at the invitation of then Odisha chief minister Naveen Patnaik. He also served as chairman of the Odisha Skill Development Authority and later as the state's chief spokesperson on Covid-19 during the pandemic. Bagchi is widely respected for co-founding Mindtree in 1999, leading it as COO and later Executive Chairman until 2016. Following Mindtree's merger with L&T's IT arm, the entity became LTIMindtree. Despite building a billion-dollar tech enterprise and pledging hundreds of crores towards philanthropy with his wife Susmita, Bagchi says it's this Rs 1 cheque that he treasures most. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Secure Your Child's Future with Strong English Fluency Planet Spark Learn More Undo The post quickly went viral and sparked an outpouring of admiration. 'This is India's real strength, jewels like You working silently and unconditionally,' one user commented. Another said, 'What a spectacular contribution to Odisha. You could have created Rs 8000 Crores in 8 years in Corporate World. Salute !!' Bagchi began his career in the industries department of Odisha and rose to global recognition. Yet, even with all his achievements, Bagchi's message was clear — 'What is the biggest wealth in this one life that I would never ever part with?' he asked rhetorically in his post, underlining the value of humility and purpose-driven leadership. In an era marked by performative gestures and power-driven ambition, Bagchi's act stands out for its authenticity. His journey, from clerk to tech titan, and back to a humble public servant earning Rs 1 a year, embodies a rare form of leadership grounded in values rather than valuations. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
India.com
08-07-2025
- Business
- India.com
Mindtree Co-Founder Subroto Bagchi Still Cant Part With His Re 1 SBI Cheque --The Reason Will Humble You
New Delhi: In a world where money and fame are viewed as indicators of success, Mindtree co-founder Subroto Bagchi has shared a powerful message. Bagchi posted a photo of an old paper cheque on the social media platform X. It was his salary of Re 1. Bagchi views this pay as his biggest wealth that he would never ever part with. The salary drawn by Bagchi may be modest but it serves as a reminder that true wealth is more than just money. It's more the sense of fulfillment that comes from serving your state. Bagchi served as the Chief Advisor to the Government of Odisha in Institution and Capacity Building. He shared a picture of his last drawn salary cheque on X. In the post, Bagchi disclosed the biggest wealth of his life which he truly cherishes. Speaking about his time working with the Odisha government, Bagchi said that he received Re 1 for every year of service. He received eight cheques in eight years. This is Bagchi's greatest wealth that he would never part with. What is the biggest wealth in this one life that I would never ever part with? Well, for every year of the work I did with the government, the deal was, they pay me Rs 1. For the 8 years out there, I got 8 cheques & this one here was my last salary drawn _ — Subroto Bagchi (@skilledinodisha) July 5, 2025 Displaying the cheque, Bagchi said, "What is the biggest wealth in this one life that I would never ever part with? Well, for every year of the work I did with the government, the deal was that they paid me Re 1. For the 8 years out there, I got 8 cheques and this one here was my last salary drawn." Bagchi is a private-sector professional turned IT entrepreneur, an author and a public servant. He co-founded Mindtree, a globally respected IT and consulting firm in 1999. Bagchi took on the role of chairman of Odisha Skill Development Authority in 2016. He was also the chief spokesperson of the government on COVID-19. Netizens reaction to Bagchi's post The post shared by Bagchi went viral, with many people calling it a rare example of true selfless service. One user said, "Your gesture is a lotus in the mud of public virtue—its fragrance best left unannounced. True service, like silent rivers, nourishes without noise; let not the echo of a token drown the quiet power of genuine giving." "What a spectacular contribution to Odisha. You could have created Rs 8,000 Crores in 8 years in the Corporate World. Salute!!" said another user. Another user commented, 'True selfless service, sir. A rarity in today's world. Thank you for your great service to Odisha.' A user said, "You are a great man who thinks for his country rather than for self-growth." "We need more people like Subroto Bagchi in Odisha who are successful in their fields and committed to contributing to our beloved state in whatever way they can,' said another user.
NDTV
05-07-2025
- Business
- NDTV
Mindtree Co-Founder Calls Re 1 Salary His "Life's Biggest Wealth"
Entrepreneur Subroto Bagchi has shared a picture of his last drawn salary cheque on social media. Mr Bagchi served as the Chief Advisor to the Government of Odisha in Institution and Capacity Building. In the post, the Mindtree co-founder revealed the biggest wealth of his life, and it's not money. Mr Bagchi has shared a heartfelt story about what he truly values the most. Talking about his time working with the Odisha government, Mr Bagchi said that he was paid Re 1 for each year he served. Over eight years, he received eight cheques. Showing the last one, he said, "What is the biggest wealth in this one life that I would never ever part with? Well, for every year of the work I did with the government, the deal was that they paid me Re 1. For the 8 years out there, I got 8 cheques and this one here was my last salary drawn." The SBI cheque was dated July 3, 2024. What is the biggest wealth in this one life that I would never ever part with? Well, for every year of the work I did with the government, the deal was, they pay me Rs 1. For the 8 years out there, I got 8 cheques & this one here was my last salary drawn ???? — Subroto Bagchi (@skilledinodisha) July 5, 2025 The post went viral, with many people calling it a rare example of true leadership. A user commented, "What a spectacular contribution to Odisha. You could have created Rs 8,000 Crores in 8 years in the Corporate World. Salute!!" What a spectacular contribution to Odisha. You could have created Rs 8000 Crores in 8 years in Corporate World. Salute !! — Akshay Kumar Parija (@akshay_parija) July 5, 2025 Another said, "Your gesture is a lotus in the mud of public virtue—its fragrance best left unannounced. True service, like silent rivers, nourishes without noise; let not the echo of a token drown the quiet power of genuine giving." your gesture is a lotus in the mud of public virtue—its fragrance best left unannounced. True service, like silent rivers, nourishes without noise; let not the echo of a token drown the quiet power of genuine giving. ???? — sanjay Thakur (@sanjaykbank) July 5, 2025 "You are a great man who thinks for his country rather than for self-growth," wrote the next. You are a great man who thinks for his country rather than self growth. — R K Singh ???????? (@rks196) July 5, 2025 "No words can explain nor describe the noble deeds done by you and you are just a living legend and inspiration for many," commented another. — Rudra Das (@RudraPintu) July 5, 2025 Mr Bagchi, in 2016, took on the role of chairman of Odisha Skill Development Authority. He was also the chief spokesperson of the government on COVID-19.
