Archive for July 26th, 2005

IT vs Rest of India - Part IV

Tuesday, July 26th, 2005

Going by the response over the last couple of days to my post. I have to agree that most think are of the view that IT pros are doing a great job by earning precious foreign exchange for the country and contributing to the stock market boom.
So according to the support Senthil has garnered, lets decide it that IT industry is doing fine the way it is.

Maybe should be given more tax concessions. Free power will not hurt either. After all foreign exchange matters right?

I mentioned IT industry’s responsibility bcos this is one industry where the majority of the bright educated middle-class student brigade march in.

Ironically even Senthil agrees that something has to be done by the “government” for the rural people. Maybe as time goes on Senthil & co will think twice abt that too. After all, will not money “trickle” to the rural areas as well? It might take a little longer but sure it will. So what if all the agricultural land turns plots by that time. We can buy good quality imported rice with all our foreign exchange.
Anyone who tries to point holes in some suggestion will always be viewed as an intellectual. Thats India’s tradition.

Meanwhilethis article shows that the Tatas had actually plans to invest in these emerging sectors from TCS IPO. Pity they did not listen to Senthil and Co’s opinions.

Needless to say, this is exactly what i was talking about and obviosuly it was sweet news for me. Nothing to beat the Tatas.