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Outsourcing in India | Health care Reform
Please support our site by enabling javascript to view ads. MUMBAI, India – U.S. healthcare reform gave 32 million new Americans insurance, the new U.S. president a feather for his cap and a good seven years' boon to the workload of India's $61 billion outsourcing industry. India's Economic Times declared it the industry's "biggest bonanza yet" and "far bigger than the Y2K." While it's too early to know the extent of the boon, India's outsourcers — the call centers, the medical record transcribers, the software developers — are quietly gearing up for the increase in administrative work and technology development the health care legislation promises. Finance and banking, telecommunications and manufacturing are the sectors that provide the lion's share of work to India's outsourcers. It's the classic outsourcing debate but with a newer, larger scale: Does the $940-billion bill, coming as unemployment persists at just under 10 percent, mean sending another round of jobs abroad?
Worldwide Retirement ages
This map shows the statutory retirement age for men in the private sector. The statutory retirement age is the age at which men working in the private sector can retire and receive full benefits. This map shows the statutory retirement age for women in the private sector. The statutory retirement age is the age at which women working in the private sector can retire and receive full benefits. This map shows the difference between men and women in statutory retirement age. This map shows the minimum pensionable age for men. This map shows the minimum pensionable age for women. This map shows the difference between men and women in minimum pensionable age. This map shows is it mandatory or not to retire at the statutory retirement age.
India and its Youth : The Viewspaper
Youth personifies caliber, potential, diligence, novelty and innovation. Blatantly, we all concede the fact that the youth have a broad perception of things and if guided by well-versed hands, they have the caliber to trigger the whole dormant government mechanism and make it operational in the real sense. However, in the present political scenario, we find very meager portion of youth in the political parties and within the political realms. There is a long running monopoly of old members in our political system. Recently, the present election exemplifies the dynamic changes that have come up in the thoughts of the people. Every political party has an ideology and even if it does not have one, it explains it in such a high sounding, nebulous label that it becomes too complex for any individual to comprehend. The recent Mumbai terror assault is a major example of the people’s fury.
The India Model
Although the world has just discovered it, India's economic success is far from new. After three postindependence decades of meager progress, the country's economy grew at 6 percent a year from 1980 to 2002 and at 7.5 percent a year from 2002 to 2006 -- making it one of the world's best-performing economies for a quarter century. In the past two decades, the size of the middle class has quadrupled (to almost 250 million people), and 1 percent of the country's poor have crossed the poverty line every year. The notable thing about India's rise is not that it is new, but that its path has been unique. To continue reading, please log in. Don't have an account? Register Register now to get three articles each month. As a subscriber, you get unrestricted access to ForeignAffairs.com. Register for free to continue reading. Registered users get access to three free articles every month. Have an account?
India and the Balance of Power
After disappointing itself for decades, India is now on the verge of becoming a great power. The world started to take notice of India's rise when New Delhi signed a nuclear pact with President George W. Bush in July 2005, but that breakthrough is only one dimension of the dramatic transformation of Indian foreign policy that has taken place since the end of the Cold War. After more than a half century of false starts and unrealized potential, India is now emerging as the swing state in the global balance of power. In the coming years, it will have an opportunity to shape outcomes on the most critical issues of the twenty-first century: the construction of Asian stability, the political modernization of the greater Middle East, and the management of globalization. Although India's economic growth has been widely discussed, its new foreign policy has been less noted. You must be a logged in subscriber to continue reading. Buy PDF Buy a premium PDF reprint of this article.
