Rediff India Abroad
 Rediff India Abroad Home  |  All the sections

Search:



The Web

India Abroad




Newsletters
Sign up today!

Article Tools
Email this article
Top emailed links
Print this article
Contact the editors
Discuss this article
Home > Business > PTI > Report


US Senate to take up bill against BPO

January 23, 2004 11:06 IST

In a boost to the opponents of outsourcing of high-tech jobs to countries like India, a $328 billion spending bill aimed at prohibiting government contractors from shifting work overseas would come up before the United States Senate this week.

The provision, if accepted by the Senate, is likely to become the first Federal law that limits companies from performing contracted work outside the US ever since outsourcing became a potent political issue an year ago.

The Chamber of Commerce and other business groups said the move would undercut the ability of US companies to compete with their overseas rivals, media reports said.

"There are a lot of ramifications of this -- practically, politically and economically," said Stan Soloway, president of the Professional Services Council, which represents IBM and other contractors.

"We should be taking time to step back and look at this issue before rushing forward," he said.

Meanwhile, more than 150 corporate executives, many paying $1,400 a head, listened intently for tips on how to move jobs overseas at a conference on 'offshore outsourcing' which opened this week, reports said.

With the loss of jobs to other countries being thrust into the spotlight in the run-up to the US presidential polls, the trend of moving white-collar positions overseas has grown so controversial that attendees from major corporations such as Microsoft and Cisco Systems declined to comment, the reports said.

Outside the venue of the conference sponsored by the Strategic Research Institute, a group of spirited demonstrators protested shifting US jobs overseas.

James Pace, who was in the IT industry for 23 years as a programmer, asked, "We were told to make a career change. Where am I supposed to go now?"

"I went from a $100,000-a-year job to a $35,000-a-year job," he said as he stood shivering outside the Westin New York at Times Square hotel.


7333: The Latest News on Your Mobile!

© Copyright 2005 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

Share your comments


 What do you think about the story?




Read what others have to say:


Number of User Comments: 2




Sub: Its India's turn to get rich!

It is note worthy to comment that India has been a major Outsourcing Entity in letting its talented youth to America for many decades of ...


Posted by John M Baki





Sub: Its India's turn to get rich!

It is note worthy to comment that India has been a major Outsourcing Entity in letting its talented youth to America for many decades of ...


Posted by John M Baki




Disclaimer


Advertisement






Copyright 2005 Rediff.com India Limited. All Rights Reserved.