OUTSOURCING………… AND INDIAN IT SECTOR.
“We will restore a sense of fairness and balance to our tax code by finally ending the tax breaks for corporations that ship our jobs overseas,” Mr. Obama had said at a joint session of the US Congress. The fact remains that unemployment in technology sector continues to be the lowest in the US.
Reacting to this, the industry body of India FICCI said that Mr. Obama’s statement has come at a time when the global economy is going through a phase of slowdown and when countries need to work collectively. Citing a study by the US Chamber of Commerce, FICCI said that it is the US companies that gain the maximum from outsourcing. “In fact, a McKinsey analysis showed that every dollar (of costs) that the US moves offshore brings America a net benefit of $1.12 to $ 1.14,” said the industry body.
The Indian IT industry body Nasscom said that the US firms have been the leaders in international trade, and in 2008 more than 50 per cent of the revenues of the leading companies came from outside the US market. It mentioned that, “In US, unemployment is largely concentrated in the manufacturing, retail and the construction sector, is a part of the global value chain and while affected by the crisis, is still expected to grow as per reports by leading analysts and unemployment in this sector continues to be the lowest.”
As such, outsourcing is not expected to be entirely passé.
HOW FAR FREE E-MAIL SERVICES ARE RELIABLE? AN ARTICLE IN A NEWS PAPER.
THE G-MAIL CRASH YET AGAIN HAS RAISED THE QUESTION OF THE CREDIBILITY OF FREE E-MAIL SERVICES TO PROVIDE TECHNICAL ADVICE TO SAVE THE NETIZEN’S DATA.
In the backdrop of Google’s Gmail outage, which affected a million users on Tuesday, netizens are now re-evaluating the pros and cons of using a free email service. On one hand, there’s the benefit of being connected to the world without shelling out any money. And on the other, there’s the apprehension of one’s life spiraling out of control just because a user has designed his or her life around the ubiquitous mail service that has now become almost synonymous with email itself. What many users found more upsetting was that there was no one they could speak to for technical support when such crashes occurred.