So what exactly do want the companies to do, cut the salary. The current salary level in India is all basic economics - demand and supply. Now the main fault is with our industry's reliance on IT and ITES services for foreign revenue. Indian industry needs to spread the risk across all sectors. To your complaint that land prices have gone up, the BPO jobs are not alone to be blamed. There are other reasons: 1. These days housing loans are more easily available compared to what was 7 to 8 years ago. These loans have opened avenues for a larger number of people to buy a home. 2. Most Indians have resorted to Nuclear family model as opposed to traditonal joint family, resulting in need for more housing. 3. Population explosion has put pressure on land, which results in higher land prices.
