India's economic success story of the 2000s was powered by robust hiring in the information technology (IT)/IT enabled services sector, led by advancement in telecommunications and laissez-faire policy. It is a matter of deep concern therefore, that the booming IT majors of today feel their business model has changed. They use a mysterious palliative "non-linearity" to describe this phenomenon, which in non-geek means "we don't need too many new hires." This "non-linearity" has coincided precisely, and rather inconveniently, with a historic increase in the number of youngsters entering India's workforce. With one white collar job creating ten brown-collar jobs, the impact of white-collar joblessness on law and order is easily foreseeable. Perhaps the home ministry should step up its creation of khaki-collar jobs.
Letters can be mailed, faxed or e-mailed to:
The Editor, Business Standard
Nehru House, 4 Bahadur Shah Zafar Marg
New Delhi 110 002
Fax: (011) 23720201
E-mail: letters@bsmail.in
All letters must have a postal address and telephone number
Rohan Soares Mumbai
Letters can be mailed, faxed or e-mailed to:
The Editor, Business Standard
Nehru House, 4 Bahadur Shah Zafar Marg
New Delhi 110 002
Fax: (011) 23720201
E-mail: letters@bsmail.in
All letters must have a postal address and telephone number