ITEC News Letter Issue 6 March 2013

ITEC NewsLetter Issue 6 ...



Editorial - Employment in Indian IT industry, some concerns

Rumors of financial crisis have been looming around throughout the last year, or is it just rumors? How is it reflected on Indian IT/software industry? Lets see some statistics.

Exports constitute more than three fourth of Indian IT-ITeS industry revenue. Around 70% of India's total export of computer software / services is shared between US and UK, the major share being that of US at around a little more than 50%. That shows the extent to which Indian IT industry depends on these two economies. The US GDP growth had a negative growth of 0.1% during the last quarter of 2012, first time since 2008-09 recession. And it’s a negative growth of 0.3% for UK for the same period, the country being in negative growth trajectory for three quarters in the last year. The years 2010 and 2011 had shown signs of recovery from one of the gravest recession we had in our lifetime. The Indian scenario follows this trail with constant downward trend in quarterly growth rate for the past two years. The indications are clear, it’s a tough year ahead if not the toughest yet. Continue reading/td>



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The Great Dictate-er of Satire

He works for his clients at different places. He got a new job and he submitted his resignation. The HR is forcing him to sign an indemnity bond that he will not work for the clients of his company for 3 years or should pay 10 lakhs as indemnity, unless and otherwise he will not be relieved. Continue reading



Perspectives About Our Economy: A Meeting with Professor C.P Chandrashekhar - Part 2

Feddin, Gokul, Sowjanya and Haynes met Prof. C.P Chandrashekar, renowned economist and columnist for the Frontline. During an interactive session over a cup of coffee, Prof. CPC shared his views on the Indian IT sector and the looming clouds over the Indian and global economies. ITEC is publishing excerpts of this interview in two parts. Continue reading

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The air is clearing out slowly

The air is clearing out slowly, with the myriad feelings of the mass- those who protested, those who pitied and sat back after letting out a long sigh of engulfed sadness, and even those who blamed it on the victim- which were enveloped in a single cloud of ‘the reaction’ against the brutal rape and murder of the 23 year old girl in Delhi. Continue reading



Industrial Relations and Labour Laws around the World - 3

The People's Republic of China has now grown to become the second largest economy in the world after the United States. It also has the world's largest labour force. China's political and work landscape is significantly influenced by the presence of the Communist Party of China because it follows a one-party system. The system of labour laws and industrial relations therefore is dominated and involves Government intervention at regular intervals. Continue reading



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ICTs cannot be techno managerial fix

In the last decades, the world has begun to undergo a new technologically-driven revolution, allegedly leading toward what is commonly called "the Information Age." Impelled by the phenomenal proliferation of computers and information devices, closely linked to an explosion of processing and access speeds, ever-lowering costs of memory and other critical components, convergence of images, sounds and writing in one digital medium, and propagated by a worldwide network of satellites and broadband fiber optic cables (Keniston). Continue reading



EWS Quarters Evictions, Bangalore- Notes on the Struggle

People's protests have seen an increase in number and intensity in the recent years. Majority of these are related to land aquisition for developmental projects. More often the entire state – including judiciary give more priority to these projects than the livelihoods of thousands. Recently we saw an inhumane eviction at EWS quarters, Bangalore. Continue reading



ITEC in last 3 months

ITEC had an eventful last three months where we as an organisation were involved in various social and IT related events and issues. Continue reading



We are eager to hear your feedback and suggestions on this Newsletter. You can also contribute by writing for our next Newsletter. Do send them to contact@itecentre.co.in

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