India lives in villages, with most of the people involved in agriculture. Illiteracy, poverty and illness surround them. Urbanization and top down approach on the name of social and developmental programs is farce. The people who moved out of villages and small towns do not look back and contribute to villages. “It hurts” to see their indifferent behavior. Will staying with them for 10 days and working with them make any difference? India will progress when its villages will.
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Near-shore vs Off-shore outsourcing
In one of the online forum, I found an interesting discussion about growth of near shore outsourcing Vs offshore outsourcing. For those of you, who would like to know what nearshore and offshore means.If a client is US provides an outsourcing contract to an Indian IT company then its considered as “Offshoring” and if it provides an outsourcing contract to a company in Argentina or […]
Development of Banking sector & Financial markets- India perspective – Part 3
Foreign Exchange Market The Indian foreign exchange market has witnessed far reaching changes since early 1990’s following the phased transition from a pegged exchange rate regime to market determined exchange rate regime in 1993 and subsequent adoption of current account convertibility in 1994 and substantial liberalization of capital account transactions. Market participants have been provided with greater flexibility to undertake […]
