(This entry was originally uploaded on May 2009 and is based on the context of that time. Sadly, it got deleted because of technical problem. I am putting it here now.)
Barack Obama is the President of United States of America and he is considered to be the most powerful person on earth as his country is only the super-power in our time. He won a landslide victor in the General election in 2008 and he had hardly any time to celebrate it as from the first day in office, he has to deal with the economic recession. It is hurting his country a lot and
There is hardly any sign of the recovery from economic recession anywhere in the world not. Yes, some people are optimistic and some experts are even indicating that perhaps the worst is over and recovery is on the way. However, million of people especially in rich countries like
In a bid to get some popular support, Mr. Obama recently announced that the companies who outsource their jobs to other countries will not get the benefit of tax deduction. Naturally, if this proposal is implemented then Indian outsourcing industry fall into problem because thousands of jobs have been outsourced to
Naturally, everyone in
Instead, Indian IT companies now should try to get some more facilities from Indian government so that they can cover at least some part of the less they may suffer if Obama goes ahead with his plan. Indian media should also try to convince the government in this regard. I like to see that Indian media tries to raise awareness among everyone about creating a domestic IT market. Indian companies have to think of improving their standard and become at per with the leading
“create a job in
This was his words and the use of the term ‘
Indian companies, Indian government, Indian media and even Indian universities should now do some soul searching and at least sit together about this issue. Of course, now, it is the time of general election and Indian Premier League. After the election finishes and new government takes oath, the decision makers should sit with all the stake holders and try to form an action plan.
What I like to remind the readers and catch your attention is that I find a basic similarity between the Obama government and the new Indian government that is going to come to power after the election. Just like the Obama administration sat in office during an economic crisis the same thing is happening about the upcoming Indian government. The leaders of the new government will have to start from the first day addressing the economic problem just like Obama and his colleagues did.