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Impact of IT
by Rajasreeand Satish on Jul 31, 2008 11:16 AM   Permalink

if we observe the economic trends, once can see that they move in cycles. There was gold rush in the US, East indian company discovered the trading potential of India, Oil boom in the gulf etc. etc. Each of these events brought with them their own risks and pitfalls. However the countries that were involved benefited enormously. Similarly India ia riding this wave - let it do so for now. Its trickle down effects and the benefits to the society at large will surely follow. For example, engineers in the other sectors are already getting high pay scales now (highly deserved also) thanks to the IT boom!

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