Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
Yes & NO
by Aman on Oct 26, 2005 08:25 PM

While it is true that working conditions in BPO's may be extremely bad, we need to see things in full perspective. The fact is that Indian economy even after liberalization remains heavily regulated. That is why the youth have so little options. In the US, one can support oneself partime,and go to college without having to rely on anybody else. That is not so in India. The corrupt politicians in India, mostly leftists, would never allow foreign multinational companies to invest freely in India.And foreign investment is exactly what we need. Imagine no regulatory barriers in any field that you can think of: from insurance to rocket science to ballet to aviation. There would be foreign companies clamoring to enter india, because the possiblity of profits would be immense.With such large foreign investment would come greater career options. Just take the example of hongkong & south korea.Both places were almost as poor as india in the 1950's.But if you compare their standard of living to ours, the difference is in light years.The answer lies in the Nehruvian socilaist policies that have shackled Indians for so long.BPOs are not slave ships,india with its huge bureacratic structure is.

    Forward  |  Report abuse
The above message is part of the Discussion Board:
Are Indian BPOs slave ships?