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

Asked by Last Modified  

1 Answer

Learn Economics

Follow 2
Answer

Please enter your answer

Gaurav

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
Dislike Bookmark

Related Questions

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...
Pradeep
0 0
5
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...
Ankita
0 0
5
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...
Harsh
0 0
5
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.
Subhash
0 0
6
 What is the most important function of RBI?
The most important function of RBI is that it issues currency notes and coins except one rupee note and coin.
Santosini
0 0
5

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

Ask a Question

Related Lessons

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...

Sujoy Das

3 0
0
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...

Sujoy Das

1 0
0
When was the Suez Canal opened? How did it affect the Indian economy?Explain
Suez Canal was opened in 1869. Suez Canal is an artificial waterway running from North to South across the Isthmus of Suez in North-Eastern Egypt. It is one of the most important waterways in the world....

Sujoy Das

0 0
0
How did the construction of railways affect the structure of the Indian economy?
In India, railways was introduced by British in 1850, however it begans its operation in 1953. It affected the structure of the Indian economy in many ways (i) It enabled people to undertake long distance...

Sujoy Das

0 0
0
Special Economic Zone (SEZ) increase foreign investment
A Special Economic Zone (SEZ) is a geographical region that has economic laws different from a country’s typical economic laws. Usually, the goal is to increase foreign investment. Special economic...

Sujoy Das

1 0
0

Recommended Articles

Meet Urmila, an MBBS tutor from Bangalore

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 >

Meet Swati, a Hindi Tutor from Bangalore

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 >

Meet Radhe Shyam Burman, an MBA Tutor from...

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 >

Meet Sandhya R, a B.Sc tutor from Bangalore

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 >

Find Class XII Tuition near you
Class XII Tuition in Delhi
Class XII Tuition in Bangalore
Class XII Tuition in Hyderabad
Class XII Tuition in Chennai
Class XII Tuition in Kolkata
Class XII Tuition in Mumbai
Class XII Tuition in Pune
Class XII Tuition in Noida
Class XII Tuition in Gurgaon
Class XII Tuition in Lucknow
Online Tuition Class 12

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