The Indian budget every year has always been an eagerly awaited event. For many decades, the best minds in economics, finance, tax, business and industry throng the media house to analyze the provisions shared by the Financial Minister.
Sometimes major events completely disconnected may be data points for the plans of the different powers around the world. The challenge is to discern what purpose they serve? More critically, what are we moving towards?
When the US Ambassador threatened India's "Strategic Autonomy" policy over India's friendship with Russia - much more than meets the eye was at stake. Let us unpack how the Ukraine war has fundamentally changed the US and the world. And why are we here anyway?
The new trend is to move the jobs that had been outsourced to India and China back to the country of origin. It is happening in the US. And this is another reminder that this is also happening in Australia.
Vodafone Australia is doubling the size of its Tasmanian call centre, as 750 new jobs are being created in Australia. The Australian Government is going to help with the bringing of jobs back home. The Federal Government will spend $4m for recruitment, training and the accommodation of new staff; while Tasmanian Government will chip in with $850,000 for infrastructure costs payroll tax concessions for new employees.
This will mean the end of the Call Center operations in India for the Vodafone Australian team. Only some back office work is going to be left back here.
The Indian budget every year has always been an eagerly awaited event. For many decades, the best minds in economics, finance, tax, business and industry throng the media house to analyze the provisions shared by the Financial Minister.
When the US Ambassador threatened India's "Strategic Autonomy" policy over India's friendship with Russia - much more than meets the eye was at stake. Let us unpack how the Ukraine war has fundamentally changed the US and the world. And why are we here anyway?
This visit of India left me with many questions. Many observations and inputs from different people and sections. Food for thought that I have tried to contemplate on and make sense of. Sharing all that with you.
When you analyze the last 60 years of the economic miracles of Singapore, South Korea and Malaysia versus the continued impoverished Indian economy, you get very interesting lessons. Can Indians have the wherewithal in them to do in one generation so that the coming generations may rise?
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