SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: seventh_son who wrote (27351)4/12/2005 1:02:09 PM
From: microhoogle!  Read Replies (1) of 116555
 
India has it's own version of Equal Employment Opportunity regulations especially when hiring in public, local and state governments. Hence one of the reasons why India will be slow to cut down on public sector jobs in order to gain efficiencies. I suspect some laws may be passed to make this applicable to private sector as well.

In US, it is considered to NETWORK with people which in turn leads to better opportunities. In India it is frowned upon and it is called nepotism and recommendation (derogatory term) :-). Private sector has recommendation of credible candidates which usually comes from existing employees (who in turn probably don't belong to "low caste" )

While you may be wrong to pin this thing on caste system, but overall you may be right in broader picture that there are quite a few who have been dis-enfrenchised in job market place but a good measure of it has to do with lack of appropriate skills and good education. Hence the thrust by government at various levels has been for free education (not sure what success rate is).

but it seems to me that the markets are not so free when much of business deals, who hires who, works for who, or even talks to who, is controlled somewhat by a complex and arcane labyrinth of caste divisions in society

The same is true in US also but markets are more free'r here, don't you think ? As I alluded earlier, it is called NETWORKING where mostly you deal with only known entities or someone has recommended someone to you. Therefore benefits do not necassarily trickle down to everyone.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News