let me get this straight. Do you even know what India is contributing in IT space or are you one of those who think IT is just BPO and Call center and indians are cheap labor?
FYI, India is massive in BPO and Call center industry but it is equally big in contributing to global software development, be in the form of R&D or OEM for another vendor.
The point is not that IT Industry is a sick industry but it is the people who have desires and are greedy for a quick buck. Why do you think that IT professionals keep jumping from one job to another in a matter of months. It is the quick jump and extra money which drives that.
Add to it the social status and the lavish life they want to lead, which they would have heard of people in the US. This brings in loans from banks (ever thought how a 25 year old relatively fresh grad. can even think of buying a house worth 30 - 40Lacs)?
It is this IT industry which has given the young generation the money to spend and pick the economy but it is the greed and the desire to lead a lavish lifestyle that makes these young guns to bite more than they can chew.
Then when reality hits ground, there is all kinds of stress to keep up with the lifestyle they have created. It does nothing but to add more pressure.
We should look at the basics and teach people in school and college about greed and desire control than point finger at an industry which has helped so many people realize their fairytale.
