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[30 Jan 2004 | 7 Comments | ]

Rajesh Jain writes on Indian outsourcing:
Outsourcing is good for India – but it will only provide a few million jobs at best. What’s also needed is for Indians to come up with innovations to raise the incomes of the rest of India – the 700 million in rural India. Only then will India will start to make the transition from an agricultural economy.
I agree that outsourcing is of limited value to the vast majority of Indians who cannot participate in it for obvious reasons. I …