The Indian IT and business process management (BPM) industry had over 15 million directly and indirectly employed personnel during the 2017 fiscal. The IT-BPM sector has grown over the years and accounts for more than 30% of the global outsourced BPM market. The sector also contributed around 8% to the GDP of the country in the 2017 fiscal. However, the industry laid off over 56,000 people between 2017 and 2018.
According to an IT source working abroad, most Indian IT companies provide offshoring services as the revenue is derived from an on-shore/offshore model combination. The source told BE, “Most of the value-added services in IT is done onshore processes and then a repetitive kind of work is delivered through centres in India. The onshore teams on software development projects manage day to day client and stakeholder engagement running workshops. Offshore teams are largely responsible for functional and technical configuration and unit testing activities.”
Centre for Monitoring Indian Economy (CMIE) data suggests that India lost 11 million jobs in 2018, while unemployment in the country was pegged at 6.1% in 2017-18 by the NSSO’s Periodic Labour Force Survey (PLFS). Experts feel that India’s IT industry is one of the largest private-sector employers in the country and might be able to lift the job market, going by its current hiring momentum.
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IT sector boosts employment after sluggish growth
India is the largest off-shoring destination for Information Technology (IT) companies across the world.
Indian handicrafts need new vision to compete globally
High-quality handicraft goods
AHSI hosts Bicentennial Flower Show and World Regional Rose Convention 2020
The Agri Horticultural Society of India (AHSI) recently celebrated its bicentenary year by hosting the Bicentennial Flower Show and the World Regional Rose Convention 2020.
Threat Of A Third World War?
Renewed tension in West Asia forebodes a troubled 2020.
Railways Financial Stress: Is Economic Slowdown The Main Reason?
The Indian Railways (IR) has been going through a rough financial patch for the last few years.
US-Iran Hostility: India Feels Heat Of Crude Oil Price Hike
The geopolitical tension triggered by the killing of Iranian Islamic Revolutionary Guards Corps’ (IRGC) top military leader Qasem Soleimani and the subsequent retaliatory missile attacks on American military bases in Iraq by Iran has brought many countries including India to the edge.
Landmark Judgements To Stop Animal Cruelty
Some of our judges are now beginning to understand what animal cruelty does to a nation and act on it.
Opportunities And Challenges In The Aviation Sector
The Bharat Chamber of Commerce organised a national seminar and an exhibition on the ‘Indian Aviation Sector: Opportunities and Challenges’ at the Park Hotel, Kolkata. The prospects of private participation in maintenance, overhaul, and repair were discussed.
India Needs To Learn A Lesson From Brexit
The verdict given by the people of the United Kingdom in 2016 in favour of quitting the European Union (EU) is popularly known as ‘Brexit’. People who voted for Brexit argued that it was because of the adoption of erratic neo-liberal policies that had led to livelihood crises.
US-China Trade War Continues: Global Implications
The ongoing US-China trade war had its origin in 2012. It began then as a “cold war”, well before Donald Trump became the US President.
I was happily married, happily employed, just plain happy. Until the accident
IN SEASON Chickpeas (GARBANZO BEANS)
Chickpeas appear in early recordings in Turkey well over 5000 years ago. India produces the most chickpeas worldwide but they are grown in more than 50 countries. An excellent source of carbohydrates, protein, fiber, B vitamins, and some minerals, they are a nutritious staple of many diets. The name chickpea comes from the Latin word cancer, referring to the plant family of legumes, Fabaceae. It is also known by its popular Spanish-derived name, the garbanzo bean. Kidney beans, black beans, lima beans, and peanuts are other familiar foods found in this legume family.
When the Signal Goes Out
Government-ordered internet shutdowns are becoming more frequent
Giving More, Taking Less
FRANCOIS BOUDERLIQUE learnt about the basic principle of Nature – to give more than you take – when he left a high-powered banking job in Paris to live and farm in Kutch, India. He realized that his understanding of eco farming was colored by his past and he needed to open his eyes to a new reality.
Moringa – Cook With Color
In India, moringa has long been used medicinally. This nutrient-dense green food, best known for its energy-boosting and anti-inflammatory properties, adds a mild spinach flavor to recipes like this delicious dip.
Wild-card playoff: Buffalo 27, Indianapolis 24
Stefon Diggs and the rest of the passing game ultimately came through in the end
CHINESE APP TIKTOK CUTS JOBS IN INDIA FOLLOWING BAN
Popular short-video Chinese app TikTok is cutting its workforce in India after hundreds of millions of its users dropped it to comply with a government ban on dozens of Chinese apps amid a military stand off between the two countries.
GAP YEAR ADVENTURES in the Age of CV19
Welcome to 2021, where it seems that masks are no longer just for Halloween. Few would dispute that 2020 was a year of major ups and downs. And, for many, the conditions sparked the question, “What am I doing with my life?”
Region To Region
Region To Region
YOGA & PEACE
DEEPAK CHOPRA speaks with DAAJI about the role Yoga has to play in bringing about world peace. This is an excerpt from their conversation broadcast on International Day of Peace, September 21, 2020. That documentary is available at https://heartfulness.org/en/international-day-of-peace/.