The Real Reasons Why Jobs are Being Lost in the IT Sector

Published on: May 19, 2017

The government has been far too dependant on the US economy for job opportunities rather than building these within India

Interview with Kiran Chandra
May 19, 2017
Interviewed by Pranjal , a Newsclick Production



Recent media reports have showcased  massive job cuts in the IT sector. Here, in this interview, Kiran Chandra from Forum for IT Professionals, speaks to  Newsclick on the  issue. Automation is one of the chief reasons for this retrenchment. 

Global leaders in the industry, especially in the U.S, have started adopting a protectionist policy for their countries. As a result, they are also altering the way jobs are outsourced to India.

The third important reason for this is the policy paralysis which has affected India over the past three decades. The government has been depending on the US economy for job opportunities rather than building these within India .