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in the US those natives are not one bit interested in all those data entry jobs yet their govt wants to put out those figures... its not unemployment there, its dislike of routine and drudgery there.. no wonder we have call centers here in India.
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Afraid there is more to it than that. An month worth of data entry in Bagaapelli (?)near Bangalore cost $60. In the US it will be easily $3000 or more. Bottom line is cost savings, not job enrichment in the US for all those outsourced data entry jobs to rural India. Even Cities like Banagalore are priced out now....
And netdo can you believe that after the brits quit indians specialized in one thing what was that???????????? Scroll down... scroll
Patirotic songs
We sang and sang songs full of emotion, piety and the likes..... thats all.... we dint see the lovely monuments Brits left behind... we just sang songs about regaining lost ground quite literally. LOL...
The congress which has ruled this country for 50 long years is responsible for all the mess we are in.
The first batch of politicians were not politicians, they were emotionally charged simpletons. They believed they got their freedom from the brits after a long wait. I believe the Brits were decent enough and would have left anyways sooner than later. They should have allowed the brits to at least give our cities/towns/villages the facade that cities and counties sport. LOL
The second batch of politicians were all scared stiff under Madame Indira. She was on a single mission ego boosting trip
Then came the likes of PVN and VP Singh. They were wishy washy
And now we have an opposition that only can think of temples and nothing more. They were therefore voted out and with the taint of RSS how will anyone even vote them ...so the bunch of congress goons continues. Lets see now Rahul erases all grey areas in our bureaucracy and administration... his attempts at cleansing the system is showing ripple effects now .. State government departments are so a tad bit cleaner. Only that guy knows the depth of corruption in India. Now he has the truth, god has shown him the stark truth which He refuses to show us, with this knowledge will Rahul be able to weave a way out for our country?? Imemnsly possible if he is as charged about it as me....
LOL netdo
Per capita income of less than $3 per day for 75% of the indians and someone wants unemployment figures here? LOL
in the US those natives are not one bit interested in all those data entry jobs yet their govt wants to put out those figures... its not unemployment there, its dislike of routine and drudgery there.. no wonder we have call centers here in India....
Now you are kidding me. Why would the govt. put out a weekly/monthly number that proves it is stupid, irrelevant and helpless in doing anything about the economy that generates a per capita income of less than $3 per day for 75% of the Indians?
Govt is shameless but in this all political parties agree. Forget the US, average Indians will never know his unemployment numbers from us.
BTW, I suspect it is 40% all the time for the last 7 years....
There is no equitable and inclusive growth in india. Specially employment growth. we are watching US employment numbers every week. But, where are such numbers from India - at least for the educated, highly qualified technical professionals.Apart from NREGS, there is no other employment scheme - specially for the educated individuals....
The target of 45 is very much possible within short span of time.......
As per the knowledge I have the customer base in 2G spectrum and 3G spectrum will be different.hope u agree with that.generally in any business the first come will enjoy moore profits.Even in a family with lot of children the elder will get more focus and comforts.the tailend will be deprived to some extent.It applies to busnesses too!!!!...
INR is strengthening in healthy manner and can esily achieve target of 45 soon....
Posted By marketman
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As the dollar got stronger, I was expecting you to predict
ING target of 45 per dollar. At quoted price of 46.65 and going towards 47-48 rupees to a dollar, guess you are on tme again! Three cheers for stronger rupee....
Two events that revolutioned the telecom sector are Reliance coming up with free incoming and tata docomo`s 1 paise per second calls. Telecom growth started only after the incoming calls were made free. Till that point of time the call charges were very expensive and the market was also not growing dynamically. I believe the one paise per second is also a good step as companies stay on their toes to provide benefits for the consumer. Automatically when the consumer is benifitted the momentum can be carried off to another level for a better tomorrow. ...
Dear Mr.Birla,
Thank you for the wonderful insights. Its a Very interesting article ..... Really liked the way you wrote, ...
With the growing competition in the telecommunication sector in order to keep their leadership Bharti needs to come up with some innovative programs. I would like to ask Mr Mittal what are their plan in this direction. I would like to see Bharti coming up with an ecosystem where they bring on entrepreneurs in their platform for innovative VAS application. ...
yes India will become superpower in 2020....
no doubt ourINDIA will emerge as super power in all fields in coming decade.the vision of mittal on further possibiliies of telcom sector is eye opener for critics who think always about saturation.success is a journey not destination.those who think destination is reached is only death.movement is life....
In a couple of years from now India will complete two decades of economic liberalisation. The two decades have been a study in contrast. If the first was spent putting our house in order, the second was devoted to some really ground-breaking reforms, which have subsequently led us to a sustained 8 to 9 per cent GDP growth. Even as the Government prepares to give final shape to the next wave of reforms such as increase in the FDI limit in insurance and retail and introduction of the goods and service tax (GST), the Indian economy has reason to feel buoyant.
As we move into the next decade, the relative advantages of being a young nation will increasingly become visible. According to a UN estimate, the median age for India’s population in 2020, at 29 will be far healthier than its biggest competitor China at 37. In absolute numbers, the working-age population will have moved from 781 million (64 per cent of the total) in 2010 to 916 million (67 per cent of the total) by then. This huge addition in the working population would obviously make India one of the largest consumer markets in the world.
The apparent demographic dividend is, however, not going to occur by default. The large population needs continual nurture to make it the productive engine that we all want. Sustained investments in soft infrastructure such as health and education need to be supplemented by a conscious strategy to engage the ‘bottom of the pyramid’ in the growth process. I have always believed that inclusive growth will enable us to unleash the dormant energy lying at the bottom.
We have already witnessed a remarkable structural change in the economy over the last decade, with the conspicuous rise of the service sector. We have seen phenomenal expansion in sectors like telecom, travel, tourism, insurance, IT and retail. They have turned out to be the cradle for many entrepreneurial success stories and more are likely to follow in the coming decade. Another sector that is expected to see plenty of investment and entrepreneurial action would be infrastructure, which is going to be a key focus area for the Indian Government. Growth in manufacturing is also likely to remain buoyant; primarily because of the fact that, like services, the penetration of consumer goods is still quite low in the Indian market.
Telecom in India has been the flag bearer over the last decade, moving up from a penetration level of 2.3 per hundred in 1999 to more than 43 per hundred today. This penetration level could easily be doubled during the coming decade. Alongside this phenomenal incremental growth in penetration, the experience of telecom too is likely to undergo a big transformation following the introduction of new generation mobile broadband. The last few years have already given us glimpses of telecom’s potential in the areas of e-governance, m-commerce and m-banking. The coming decade will see path-breaking innovation in these areas. The qualitative transformation of the telecom landscape will surely be more gripping than its quantitative growth which, among other things, could be a function of increased income levels.
The coming decade is also likely to witness a more proactive corporate sector in philanthropy programmes. The changed approach is evolving from rapidly multiplying corporate wealth as well as a deep-rooted conviction and the sincere urge to play a role in social welfare. On the personal front, I would like to see our philanthropic arm, the Bharti Foundation, which presently serves over thirty thousand underprivileged Indian children in 236 schools across five Indian states, graduate to a larger and more impactful role in Indian education.
In view of the rapidity of today’s changes, I expect the next decade to usher in more profound changes in India’s economic landscape. A rapid growth in income and consumption is a fair expectation. What remains to be seen, however, is how equitable and inclusive this growth will be.
Sunil Mittal,Founder, Executive Chairman & MD of Bharti Airtel Ltd.
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