Indian IT sector a solution not a problem in US: Sachin Pilot

US must stand by free trade as advocated by it

PTI | November 8, 2010



Amid concerns over job loss due to outsourcing, the government today said the US should not look at the Indian IT sector as a problem, but as a solution for the unemployment situation in that country.

"The Indian IT companies are not a problem but they are a part of solution. They are adding value. They are creating jobs for the local people whether in the US or Europe," Minister of State for IT and Telecom Sachin Pilot said on the sidelines of a BSNL conference here today.

He further added that the Country (US) that had advocated free trade should stand by it.

Asked whether his Ministry had taken this issue up with the US authorities, Pilot said, "the issue of Visa fee and outsourcing had already been taken up at the highest level."

As per data available with the Indian IT industry body Nasscom, the top six Indian IT firms have created about 35,000 to 40,000 jobs in the US market alone.

Pilot added that job loss should not be looked as a "zero sum game", meaning thereby the jobloss in the US is not equal to jobs created in India.

President Barack Obama had indicated that he was unlikely to accommodate India's concerns about his policy of discouraging outsourcing of US jobs, saying it was his responsibility to support jobs and opportunity for the American people.

Obama, has recently spoken against outsourcing of American jobs to countries like India and offered tax breaks for those creating jobs in the US.

Nasscom had said it will raise IT industry's concerns on visa fees hike and other anti-outsourcing measures adopted by the US during Obama's visit to India.

Earlier this year, the US government had hiked fee for H1-B and L1 visas, a move that could have adverse impact on the USD 50-billion domestic IT industry that sends many highly-skilled Indians to work there.

This was followed by Ohio state's ban on outsourcing of government IT projects, a step that further irked the Indian players. Both these moves coincide with a fragile recovery in the US economy coupled with high unemployment levels.

Indian IT sector earns more than 60 per cent of its annual revenues from the US.

 

Comments

 

Other News

The 7% growth problem: Why the next 7% will be harder

India has become accustomed to hearing the 7% growth number. It is now less a milestone than an expectation. Yet the paradox is becoming clearer: maintaining 7% growth may be considerably harder than achieving it once. India’s real GDP grew 7.7% in FY2025–26, following growth of 6.5% in FY202

The Constitution cannot be altered: Justice Abhay Oka

Justice Abhay Oka, who retired from the Supreme Court in May 2025, has said that the Constitution of India cannot be altered. Explaining the landmark Kesavananda Bharati judgment (1973) on the basic structure of the Constitution, he said, “This is one judgment that has saved democracy in India.&rdq

How the flora and fauna evolved in the Indian subcontinent

Mammals of India  By A.J.T. Johnsingh and P.O. Nameer HarperCollins India in association with Bombay Natural History Society  

India`s renewable race is moving beyond megawatts

When Shell bought Sprng Energy in 2022, India`s renewable energy market appeared to offer precisely what global energy majors were seeking: scale, growth and a place in one of the world`s largest energy transitions. Four years later, Shell is selling the same business to Aditya Birla Group for an enterpris

Nepal Floods: India keeps close watch on the situation

India`s central government has been keeping a close watch on the situation arising out of the flash flood in Nepal on Wednesday. Union home minister Amit Shah spoke with the chief ministers of Bihar and Uttar Pradesh, the two states that share the border with Nepal, regarding the disaster

UPI completes 10 years of digital payments revolution

The Unified Payments Interface (UPI), launched on August 25, 2016 by the National Payments Corporation of India (NPCI) under the regulatory oversight of the Reserve Bank of India (RBI), has completed 10 years of transforming digital payments in India. UPI has emerged as the backbone of India’s digi

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter