Musings

Now i have sometime to blog. Work takes a lot of time, pressure, stress, commuting, oh...hundred and one things. Since nine days i was so busy with work. Today i have sometime to breathe and blog.

US economy slowdown has hit that country badly and we are witnessing its effects here too. I am reading, listening and seeing all this. Actively discussing about this too. The media have given it due coverage, though it is debatable. Some questions haunt me: Did India need all this? Given the free falling of free market capitalism in US, its visible effects here, what's the solution? Is this outsourcing, ITes sector not safe and secure?

First things first. Yes. India needed and needs this. The changes that we have been seeing in the last 10 years, are dream come true for millions. Common people (read middle-class educated Indians) have flourished a lot. ATM, mobiles, computers, credit cards, fat salaries (It's a fact that a young professional today earns more than what his father drew in the last month of his service).... this is all the result of this outsourcing, ITes jobs. It provided employment.
However, it is true that all this has been one-sided and as some say "abnormal" that has, to some extent, has had effects on society too (We all hear that people are becoming more and more materialistic like Americans and finally we also end up being so, I myself have experienced this). Now the moot question is how to deal with this? Will it be a doom? This is a phase and will pass too, some people say optimistically.