Do you think outsourcing is good for India? Why are developed countries opposing it?

Asked by Last Modified  

Follow 2
Answer

Please enter your answer

Chartered Accountant with comprehensive knowledge

Yes, Ousourcing is good for India. The reason of such are stated as under. -India is the 2nd largest population nation in the world. -Labour are available at cheap rate. -large number of unemployed person. -India is devoloping nation and due to dependent on others country. -Less infrastructure...
read more
Yes, Ousourcing is good for India. The reason of such are stated as under. -India is the 2nd largest population nation in the world. -Labour are available at cheap rate. -large number of unemployed person. -India is devoloping nation and due to dependent on others country. -Less infrastructure Developed countries opposing it because they already acheived their growth and now wants further higher growth. Due to this they does not want their person employed in outsourcing sector where wage rate less. read less
Comments

Related Questions

Outline the steps involved in attaining sustainable development in India.
In 2015, the United Nations general assembly adopted the 2030 agenda for sustainable development 193 countries including India got committed to the 17 sustainable development goals that require efforts...
Profile Photo
Ankita
0 0
View Comments5
State an example each of self-employment in rural and urban areas.
Example of self employment in urban areas will be shopkeeping, own business and for rural areas is farming in own land.
Profile Photo
Shantanu
0 0
View Comments8
Explain the steps taken by the government in developing rural markets.
The government has made the following initiatives to develop rural markets. 1. Market Regulation - The government has established regulated marketplaces in which the selling and purchase of produce is...
Profile Photo
Harsh
0 0
View Comments5
China’s rapid industrial growth can be traced back to its reforms in 1978. Do you agree? Elucidate.
Yes, China's rapid industrialization is the result of several economic reforms implemented in stages since 1978. Agriculture, foreign trade, and investment reforms were all started in the first phase. Land...
Profile Photo
Pradeep
0 0
View Comments5
Name some notable economists who estimated India’s per capita income during the colonial period.
Dadabhai Naoroji, William Digby, Findlay Shirras, V.K.R.V. Rao, and R. C Desai.
Profile Photo
Subhash
0 0
View Comments6

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Why Study Economics?
Economics is the study of how individuals and societies choose to use the scarce resources that nature and previous generations have provided. Probably the most important reason for studying economics...
Profile Photo

Define the terms (a) Enumerator (b) Investigator and Respondent.
(a) Enumerator The person who collects data by conducting an enquiry or an investigation is called enumerator. Often the enumerator is a trained person for field work. (b) Investigator The person who plans...
Profile Photo

What are the Types of Credit Control Measures ? Explain it .
Types of Credit Control MeasuresA. Quantitative (General) MeasuresThese regulate the overall supply of money and credit in the economy.1. Repo RateThe rate at which RBI lends to commercial banks.Increase...
Profile Photo

How is China able to lead in all the human development indicators?
China is able to lead in almost all the human development indicators since the establishment of infrastructure in the areas of education and health, land reforms, long existence of decentralised planning...
Profile Photo

CBSE Class 11 Economics
QUESTION Expansion of one industry facilitates the expansion of the other.How economic growth can become a dynamic process and a self-propelling activity of change? ANSWER Availability of proper...
Profile Photo

Recommended Articles

Urmila is a passionate teacher with over 8 years of experience in teaching. She is currently pursuing her Ph. D. She provides classes for Class 11, Class 12, MBBS and Medical tuition.  Urmila began her career in teaching long before she became a teacher. She used to provide classes for foreign national students in her college...

Read full article >

Swati is a renowned Hindi tutor with 7 years of experience in teaching. She conducts classes for various students ranging from class 6- class 12 and also BA students. Having pursued her education at Madras University where she did her Masters in Hindi, Swati knows her way around students. She believes that each student...

Read full article >

Radhe Shyam is a highly skilled accounts and finance trainer with 8 years of experience in teaching. Accounting is challenging for many students and that’s where Radhe Shyam’s expertise comes into play. He helps his students not only in understanding the subject but also advises them on how to overcome the fear of accounts...

Read full article >

Sandhya is a proactive educationalist. She conducts classes for CBSE, PUC, ICSE, I.B. and IGCSE. Having a 6-year experience in teaching, she connects with her students and provides tutoring as per their understanding. She mentors her students personally and strives them to achieve their goals with ease. Being an enthusiastic...

Read full article >

Looking for Class 12 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you