On Sunday 26 December 2010 12:40 PM, Arun Venkataswamy wrote:
>
> No doubt that the IT industry has done a miracle (I thank it for it) in
> creating a "real" middle class in India, but it needs to get more socially
> aware and responsible. It is surely no easy task, but something needs to be
> done. Don't mistake me guys, I am not asking for the IT salaries to be
> reduced. It is killing all small and medium scale core engineering
> companies. India requires small and medium enterprises to survive. They are
> the real heart of India employing a huge majority of Indians.
>

I think this thread can be safely marked OT now, but it's still quite 
interesting :). As for the medium-scale core engineering companies, I 
think slowly, they too are reviving. I'm not an economist, nor I want to 
sound too optimistic, but just want to point out the other aspect of the 
so called evils of the "IT revolution". The middle class (real or not) 
is demanding more hardware and buying up stuff - housing, cars, etc. 
Luckily, we seem to have policy makers who are slightly sane - thanks to 
the 120% percent duty on auto imports, we seem to have a reasonably good 
domestic auto industry that's looking for all kinds of engineering, not 
just IT. Hopefully, we can hope for better policy makers in the future, 
who're not just looking to line their pockets. As an orthogonal point, I 
would also like to point out the irony of lashing out at corruption in 
politics, where in everyday life we are just as happy to break/bend the 
rules for our own gain.

I think the real issue (like you pointed out) is not whether IT is 
destroying a generation of intelligent youngsters who have varied 
interests (who tend to be pushed into IT thanks to social pressures) - 
but as a society, will we have the courage to look at ourselves and 
point out the hypocrisy of chasing dollars above all else (and making 
our kids do the same). I can only hope, the current generation of 
disgruntled IT employee-parents will realise that more money didn't give 
them real happiness they cared about, and will encourage their kids not 
to make the same mistake. Perhaps, it has to get worse before it gets 
better. That's my hope :).

Vamsee.
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