India won't be a superpower until it alleviates poverty - Feb. 9, 2007:
"To look at it another way, the 1 million Indians working in IT account for less than one-half of one percent of the entire working population. This helps build reserves (and national confidence, and tax revenues) but is not the poverty buster that labor-intensive development is. As Prime Minister Singh told Luce, 'Our biggest single problem is the lack of jobs for ordinary people.'"
1 comment:
A friend at a lobbying firm in DC had once made this same point. In fact, he went to the extent of saying that IT is often masking out the real problems of the country, which may backfire in long run.
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