Friday, August 5, 2011

India and Black Money


As we all know this is the most heated story in India today, many of people blindly following Baba Ramdev & Anna Hazare for same concern. Well I am putting some points after Swiss Bank aggress to return all the back money to Indian government, because all the money is in so huge amount its natural that there will be some good and bad changes occurs in everyone lives. What i guess at this point is there a strong chance that, currencies like USD and Pound get lowered in comparison with Indian Rupee resulting the cutting of outsourced job from those countries. For example outsourced call centers & other software jobs which is feeding Indian employers will shut down. A rough analysis says that 50% call centers will shut down abruptly and all agents working there will get unemployed. Other factors that can affect Indian employers is many industrialist which is doing business in India and saving their black money at Swiss Bank might spot doing business also results unemployment.




Read more »

No comments:

Post a Comment