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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: lurqer who wrote (38431)	2/25/2004 12:25:44 PM
From: lurqer	Read Replies (1) \| Respond to of 89467

Looking through the telescope backwards to see the other side - India's IT sector creates 152,500 jobs in year Jobs in India's booming software services sector are estimated to grow 23 percent in the year to March 2004, as the sector benefits from outsourcing by global clients, an industry association said on Wednesday. The showpiece sector, which includes high-end technology consulting, back-office and call centre work, is expected to employ some 813,500 people at the end of March, up from 661,000 a year ago, the National Association of Software and Services Companies said in its annual strategy report. The number of jobs in India's information technology (IT) and back-office services sectors - at the forefront of a drive to make the one billion people-strong nation a services powerhouse -- has multiplied five-fold over seven years, the report said. Exports from the industry, whose main market is the United States, are forecast to rise between 26 and 28 percent to around $12.0 billion, up from $9.5 billion in the previous year. About $8.4 billion is expected to come from software services. The industry is estimated to employ 568,000 people by the end of March, up 16 percent on the year. Exports from back-office services are seen rising 54 percent to $3.5 billion in the year to March 2004. Giants like IBM Corp, with an Indian headcount of around 10,000, and Accenture Ltd, which is expected to double staff to that number by 2005, are expanding furiously. Call centres have been hiring youths by the thousands for the past four years. India's low-wage, English-speaking workforce is attracting foreign firms, but outsourcing has become politically charged as jobs leave countries such as the United States. Using high-speed telecoms, India-based firms offer services including insurance claims processing, payroll accounting, data tabulation and equity research to clients or overseas parents located halfway around the world. India's back-office industry is expected to employ 245,500 people by the end of March, up about 44 percent from a year ago. Headhunters are scrambling to fill new jobs in the sector, where retaining stressed and bored workers is one major challenge, and poaching by rivals another. A fall in U.S. employment visas for foreign workers is also driving expansion plans of foreign firms in India. Visa curbs discourage Indians from seeking employment abroad. reuters.com lurqer

To: lurqer who wrote (38431)	2/25/2004 5:10:56 PM
From: Suma	Read Replies (1) \| Respond to of 89467

The New York State AFT of which I am a member has asked all of its members to surrender their AARP cards in protest to the most unfair piece of legislation that the spokes people for the elderly endorsed. When one reads this bill.......thoroughly or has it dissected as it has been for me... it is atrocious.. When it goes into effect, if it isn't repealed, the public will see how something was foisted on them in the name of a better health care program. Hillary's Bill rises to the top on comparison.