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Economics-CBSE-class-11-NCERT-solutions-->View question

Do you think outsourcing is good for India? Why are developed countries opposing it? -Economics CBSE class 11 ncert

Book: Indian Economic Development
Chapter 3: Liberalism, Privitisation and Globalisation: An appraisal
 (NCERT textbook questions)


Asked On2017-07-14 09:38:08 by:Aparna-Dasgupta

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Outsourcing is good for India because of the following reasons:
Outsourcing helped India to receive new ideas and technological knowledge from developed countries.
Employment generation is one of the most important aims of any developing nation. It helped to create new avenues for generating employment in India.
It improved human capital in India to a great extent with its positive effects. Employees received necessary training which enabled to develop skills and increased their scope for job advancement.
Infrastructure facilities in urban cities were developed to suit the requirements of BPO activities. This enabled India to benefit with high-end technology and best breed of infrastructure to remain a successful destination for outsourcing.
Developed nations opposed outsourcing because there is investment outflow to developing nations and unemployment level increases in developed countries.
So out sourcing is good for india.

Answerd on:2017-07-17 Answerd By:milan-ransingh

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