Jobs in US | Indian IT | 2.5 Lakh Jobs | Union Commerce Minister - Oneindia News
New Delhi, Sep 15: When US is looking forward to restore its economy by stopping outsourcing in other countries, Union Commerce Minister, Anand Sharma reported that Indian IT created about 2.5 lakh jobs in US in last three years.
Buzz up!The report revealed that 7,000 jobs have been created in the US in the month of Aug 2010.
"In times of crisis, countries tend to look inwards but protection can be counterproductive. This is the time to encourage global trade flows," said Sharma.
Recently, by increasing professional visa fees and banning outsourcing, US made an effort to save and create more jobs in the country.
These measures were confronted strong criticism from the Indian Inc as the Indian IT has been largely harmed by US decision.
However, Sharma hoped, "We remain optimistic about the whole scenario but responses need to be calibrated."
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Indian IT cos created 7,000 jobs in US in Aug - The Economic Times
NEW DELHI: Indian IT companies created 7,000 jobs in the US last month and 2.5 lakh jobs over the last three years, commerce minister Anand Sharma has said, indicating that recent protectionist measures taken by the US such as hiking professional visa fees and clamping down on outsourcing could hamper such economic activities.
“In times of crisis, countries tend to look inwards but protection can be counter productive.
This is the time to encourage global trade flows,” the minister said on Tuesday. The bilateral trade policy forum meeting scheduled next week to be chaired by Mr Sharma and US trade representative Ron Kirk will focus on both issues.
The minister is optimistic that the issues could be sorted out through discussions. “We remain optimistic about the whole scenario but responses need to be calibrated ,” he said.