Indians Not Taking away Jobs of Americans, Sharma

Union Commerce Minister Anand Sharma has said that paranoia of Americans that Indians are taking away their jobs, particularly in the IT and services sectors, is a myth and urged the US to reform its visa policies, said media reports.

Talking to reporters, Sharam said that there was a wrong perception in the US that Indians were taking away jobs of Americans and that this was driven more by the fast-paced growth of India in the IT and services sectors, said reports.

Referring to three recent reports, including one by PricewaterhouseCoopers and International Business Forum, Sharma said, “Contrary to popular perception, Indian BPO companies have created income worth $106 billion inside the US in the past three years ending 2009, and generated 3,00,000 jobs out of which 2,50,000 were filled by Americans.”

“These are jobs for Americans created in America but by Indian companies. This is a myth that jobs are being taken away by Indians,” Sharma was quoted as saying.

About services sector, which US thinks India is swamping, Sharma said that though India is an exporter of services, it is a net importer of services and there is a mutual exchange of services between the two countries, said reports.

“It is more or less balanced and if there is a tilt that tilt is in the favour of the US,” Sharma was quoted as saying, adding, “we have more nationals from here and we are welcoming them, as we do not want any restrictions as strategic partners.”

Calling on US corporate leaders, the minister said that they should create greater sensitivity and awareness among ill-informed politicians who seek to put up barriers in bilateral trade, said reports.

“I have been urging US corporate leaders that since you are aware of these facts, go in a delegation and sit with Congress people,” Sharma was quoted as saying.

Sharma noted that accurate information would cause politicians to stop pushing forth unhelpful amendments.

(Based on internet reports)
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