The president of the US Barack Obama made a special comment on these two cities, “Say no to Bangalore and yes to buffalo”. It seems new mantras of the US government to bring the economic back to boom. Obama said, "It's a tax code that says you should pay lower taxes if you create a job in Bangalore, India, than if you create one in Buffalo, New York”.
It may be one of his election promises but it is not going to give more benefit for a long-term because we are living in the age of globalization. Here every country has to play a piece of contribution for every economic. The impact of this recession can be seen around the globe. And it is not possible for any country to fight against this recession alone. All the country should come on a single stage and try to find a common strategy to dig out the solution for this recession. Now it is questioned whether the president wants to impose their election promise or creation of the job. If the president is really interested in the giving opportunity for his people, then “why should only American companies ? “, he should welcome all the interested IT company around the globe. Then it might create jobs at a large scale.
I don’t think, this anti-outsourcing policy of the US will affect the Indian IT industry because all the top US corporations such as Accenture, IBM, HP and Sun Microsystems (undertaken by Oracle), which of which have large outsourcing operations in India; they will not support the anti-outsourcing policies of the Obama administration. It is a fact that Americans depend on Indians to develop software and get BPO support services in Bangalore. There is no chance for any American company to lay off the BPO employees from Bangalore and get jobs in Buffalo. The huge investments and infrastructure created by the American cannot be taken back home overnight. Instead, they will pay tax to the United States.
Now it is the responsibility of the Indian government to discuss with the apex body of the US government over the anti-outsourcing policy. Hereafter it doesn’t seem any changes in their policy, then we should tell them very clearly that we will not implement the Indo-US nuclear deal because the Nuclear deal was held out as a great piece of the friendly relations between India and US .The US is looking at his own interest, so we will not care if you are a friendly country or you are not so friendly. Why India should buy nuclear reactors from them, create employment opportunities in the US. If they want to crush the employment opportunity out from India by theses methods, why should we then generate employment for Americans by importing nuclear reactors from them," So it is a good time to say the US.
“No Outsourcing, No Nuclear deal “.
With this
Yours Friend
Sudarshan Singh
