Sudipta Bhawmik

The phenomenon of job outsourcing has been the topic of discussion in all circles these days. The high tech and IT sectors are specially affected by the outflow of high paying jobs to India and China. Initially it was only the relatively low paying jobs like call centers, medical transcription services were moving to India. But now highly skilled jobs like IT, semiconductor chip design, accounting and financial analysis jobs are also moving to India. But we all know that this is a natural phenomenon. High cost jobs will move to low cost areas. The laws of physics are equally applicable to economics and finance, at least in this case. It is fruitless to try to resist this flow. My question is how we, the so-called non-resident Indians are or NRIs are reacting this phenomenon? Continue reading →