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Indians taking away American jobs is a myth
Bangalore: Asking the U.S. government to reform the visa policies, Union Commerce Minister Anand Sharma said that paranoia of the Americans about Indians taking away their jobs, especially in the IT and services sectors, is a myth, reports Financial Chronicle.
Sharma said, "There is an incorrect perception in the U.S. that Indians are taking away the jobs of Americans, which is driven more by the fast-paced growth India in the IT and services sectors, Sharma told newsmen." Giving the example of recent reports, Minister said that Indian BPO companies have created income worth $106 billion inside the U.S. in the past three years ending 2009, and generated 3,00,000 jobs out of which 2,50,000 were filled by Americans. "These are jobs for Americans created in America but by Indian companies. This is a myth that jobs are being taken away by Indians," added he.
He also asked American corporate leaders to create greater sensitivity and awareness among ill-informed politicians who seek to create barriers in the trade between the two countries. "I have been urging U.S. corporate leaders that since you are aware of these facts, go in a delegation and sit with Congress people noting that accurate information would cause politicians to stop pushing forth unhelpful amendments," said he.
Sharma said, "There is an incorrect perception in the U.S. that Indians are taking away the jobs of Americans, which is driven more by the fast-paced growth India in the IT and services sectors, Sharma told newsmen." Giving the example of recent reports, Minister said that Indian BPO companies have created income worth $106 billion inside the U.S. in the past three years ending 2009, and generated 3,00,000 jobs out of which 2,50,000 were filled by Americans. "These are jobs for Americans created in America but by Indian companies. This is a myth that jobs are being taken away by Indians," added he.
He also asked American corporate leaders to create greater sensitivity and awareness among ill-informed politicians who seek to create barriers in the trade between the two countries. "I have been urging U.S. corporate leaders that since you are aware of these facts, go in a delegation and sit with Congress people noting that accurate information would cause politicians to stop pushing forth unhelpful amendments," said he.
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Reader's comments (22)
1: Why only IT? Nurses, doctors, iron workers,
carpenters, taxi drivers, typists,
agricultural workers, electricians, in fact
everybody in America can be replaced by
Indians. A pittance of what is being paid
over there is enough, for the due to
cunningly treachery called currency rate
devaluation, there is magic in the air. For a
small amount over there turns a king's ransom
over here. Even staying over there can help,
for over here, the same persons is a near
divinity.
Posted by: Ved from Victoria Institutions - 24 Mar, 2010
2: Indian Embassy, various Indian consulates and
visiting leadership, and so also the
available media should be mobilised
aggresively to correct the misconceptions in
the US and the myth that prevails here if the
facts are otherwise. We see very little of it
even in the DESI papers published in the US.
There are various ways to correct the
misconceptions. Merely making a statement
like the one made by the hon'ble minister is
not sufficient for bringing the change. I do
believe that what the Minsiter has stated is
true and should be propagated widely and
repeatedly till it is heard.
Posted by: shant jain - 23 Mar, 2010
3:I agree wid u Shant. These American are big
time lunatic jerks that's why they dont
understan such simple fact......to be honest
cuz they r so big Paranoids they dont even
deserve to work.....
Namit replied to: shant jain
post - 27 Mar, 2010
post - 27 Mar, 2010
4: If it is so...why not America cancel visa
& send our indians back to home. We also
have good work to do in india.
Posted by: babu - 22 Mar, 2010
5: Mr. Sharma's facts about the number of
opportunities created by the Indian companies
in US might be true. Looking at this context,
it's good to see that Indian companies are
making a good progress and creating good
market even outside India.
But, the so called myth (or whatever) - "Indians taking away American jobs": This is actually related or talked about (a lot) in the context of "Indians working in American companies in US". Lot of Indians went to US and got settled down there in two ways: a. Direct jobs (H1, L1 etc.) b. Study and then job (first F1 and then H1 etc.). Whatever might be the reason and purpose, the rate of growth of increasing number of Indians (foreigners for that matter) settled in US vs number of unemployed Americans in US, is bit alarming for Americans.
But, the so called myth (or whatever) - "Indians taking away American jobs": This is actually related or talked about (a lot) in the context of "Indians working in American companies in US". Lot of Indians went to US and got settled down there in two ways: a. Direct jobs (H1, L1 etc.) b. Study and then job (first F1 and then H1 etc.). Whatever might be the reason and purpose, the rate of growth of increasing number of Indians (foreigners for that matter) settled in US vs number of unemployed Americans in US, is bit alarming for Americans.
Posted by: Satish - 22 Mar, 2010
6: There must be a reason for the Paranoia!?!
Build competence and crush competition. There
is a business reason why companies do what
they do - nobody has personal agendas, at
least when it comes to doing business...my 2
cents. I hope everyone gets my message
Posted by: Shiv - 22 Mar, 2010
7: indians a great... no one reach their miles
Posted by: Karthikeyan - 22 Mar, 2010
8: If you belive this is the case! Unite all IT
businessman in India. Ask them to boycott
American busineses, Do business only with the
europians, canadians. Better yet, cancel the
passport of all IT professionals destined to
be in USA. Issue waiver to this policy only
after IT services seekers from USA bring
change in rhetoric, and US govt. leaders beg
the needed services!
Posted by: Mike - 22 Mar, 2010
9:If it is so...why not America cancel visa
& send our indians back to home. We also
have good work to do in india.
babu replied to: Mike
post - 22 Mar, 2010
post - 22 Mar, 2010
10:I would ask readers not to take things
personal. Nobody begs anyone - its a global
world of competition - survival of the
fittest. US has always outsourced most of
everything - their country is built by
immigrants - IT outsourcing is only a recent
trend and is one of the thousands of
industries being outsourced.
Shiv replied to: Mike
post - 22 Mar, 2010
post - 22 Mar, 2010
11: Mike, I think u r rite...we r'nt suppose to
take things personally as...whoever deserves
whatever has the right on that ...it cub be a
Job..food...car...home...etc...we are not
asked before taking Birth in this
world....which country do we wanna take birth
in...A Simple fact of i dont know why people
dont understand..is...at the end of the day
we are all Human Beings....We talk about
Commonsense..but it seems Commonsense is NOT
SO COMMON......
namit replied to: Shiv
post - 27 Mar, 2010
post - 27 Mar, 2010
12:Sounds like IT War....... :)
Nisha replied to: Mike
post - 22 Mar, 2010
post - 22 Mar, 2010
13: Yes they cannot stop but facilitate
outsourcing as Outsourcing was the result of
high cost.
Posted by: Gods must be crazy - 22 Mar, 2010
14: It would not do America or Americans any good
if outsourcing is stopped. They cannot stop
it, even if they want to.
Posted by: vishnu vardhan - 21 Mar, 2010
15:anna i tkink its u.... m i correct
Kaarthikheyyan.m.r replied to: vishnu vardhan
post - 22 Mar, 2010
post - 22 Mar, 2010
16: I dont agree with Vishnu. This will create
hugh differece here for job seekers.
Nisha replied to: Kaarthikheyyan.m.r
post - 22 Mar, 2010
post - 22 Mar, 2010
17: Other side of the aspect is american
companies will not afford to give job which
cost them almost 4 time more to complete the
job back home. For any business man, they
don't like any more expense on their back.
Nisha replied to: Nisha
post - 22 Mar, 2010
post - 22 Mar, 2010
18: Indian BPO companies created income of $106
billion inside America and generated 250,000
Jobs?.Mr.Sharma are you addressing any
election meeting or Mr.President Obama who is
all out to tax the `Bangalooru`outsouring,is
not that wise enough to understand?.
I think Mr.Obama got that right as all these success stories of Table top IT `service` industry is all because of Tax Concessions available both in host and sourcing countries.All the so called wealth and growth of IT industry is not achived by their balance sheet earnings (Tax free) but only by their share prices in stock market.
I think Mr.Obama got that right as all these success stories of Table top IT `service` industry is all because of Tax Concessions available both in host and sourcing countries.All the so called wealth and growth of IT industry is not achived by their balance sheet earnings (Tax free) but only by their share prices in stock market.
Posted by: Shyam Prabhakar Kunte - 21 Mar, 2010
19:Are you a mind reader or something? Theres a
position out there for you in the psychic
industry. How can you co-relate the 2 events
when Mr. Sharma didnt even mention president
Obama. He mentioned miconceived notions of
the american public. Thats what the article
is about.
Do your research sir, outsourcing and offshoring creates more jobs and more capital in america. The success and wealth of the IT industry is not created by the tax free idea you mentioned. The capital earned in savings is much more than these taxes. The bill was just a way to appease the public that the president is doing something to keep jobs in america.
Do your research sir, outsourcing and offshoring creates more jobs and more capital in america. The success and wealth of the IT industry is not created by the tax free idea you mentioned. The capital earned in savings is much more than these taxes. The bill was just a way to appease the public that the president is doing something to keep jobs in america.
Truthbuster replied to: Shyam Prabhakar Kunte
post - 22 Mar, 2010
post - 22 Mar, 2010
20: Mr.Truthbuster (Nice Name)
Please be decent while writing if you think you are educated.Just think why Mr.Sharma has to talk like this.He has to talk to protect indian Interest in outsourcing business because since recent past President Obama`s administration has been in the process of withdrawing tax concessions available to the American companies for the `expenses on outsourcing` to de-subsidize to see that no job is shipped, to tackle US unemployment problem.
If you can not understand the co relation,I am sorry.Also
note, This service Industry is surviving just because it is backed by Tax concessions and stock market pricing.The people who know about stock market,Private Equity,STPI,IT sections 10A,B, will understand my comments.
Please be decent while writing if you think you are educated.Just think why Mr.Sharma has to talk like this.He has to talk to protect indian Interest in outsourcing business because since recent past President Obama`s administration has been in the process of withdrawing tax concessions available to the American companies for the `expenses on outsourcing` to de-subsidize to see that no job is shipped, to tackle US unemployment problem.
If you can not understand the co relation,I am sorry.Also
note, This service Industry is surviving just because it is backed by Tax concessions and stock market pricing.The people who know about stock market,Private Equity,STPI,IT sections 10A,B, will understand my comments.
Shyam Prabhakar Kunte replied to: Truthbuster
post - 22 Mar, 2010
post - 22 Mar, 2010
21: Oh feeling pity on paranoid Americans!
Posted by: ramya - 21 Mar, 2010
22:MR Sharma wants us to believe an absurdity
unless he comes forward with credible data
and prove his pet theory before the American
industry leaders and front running
politicians.
By analogy,if the IT companies can outsource their work by engaging workers in countries like Philippines or Srilanka at even cheaper wage cost,the same companies who are protesting the proposed protective legislations and tax amendments in the USA,will themselves ask for similar protection from the Government.How will then MR Sharma or Pranab-da will react to that?
Baladeb Sen
By analogy,if the IT companies can outsource their work by engaging workers in countries like Philippines or Srilanka at even cheaper wage cost,the same companies who are protesting the proposed protective legislations and tax amendments in the USA,will themselves ask for similar protection from the Government.How will then MR Sharma or Pranab-da will react to that?
Baladeb Sen
Baladeb Sen replied to: ramya
post - 21 Mar, 2010
post - 21 Mar, 2010
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