29 November 2006

Tryst with Bright Future.


Recalling what Our Prime Minister Nehru had said on the midnight of our Independence celebration. 'Tryst with Destiny', "At the stroke of the midnight hour, when the world sleeps, India will awake to life and freedom." The present scenario in Indian BPO seems to be riding this point clear and hard to the entire world economy. Initially i was aghast as i found many of Indians student finding there way to call centre jobs, which paid them substantial revenue, worth there educational qualification. But as I tried to understand in depth the working of call centre jobs, and a bright future it holds to us, in terms of global exposure to our work environment. I immediately threw away the negative image of BPO which I initially had constructed.
As I was just reading through some articles that cropped in BBC recently, where Indian educated housewives woke up early in the morning( Its the usual case in most of the middle class family), but rather to attending to morning home chores switch on her computer, puts on her head phone and start taking Geometry tuition to american kids. Well this earns her enough for her family sustenance. Weekly 3 classes for 1 hour per kid fetches her in excess of 150 dollars per month.
This just seems to be tip of iceberg in the Outsourcing business, where majority of the middle section job in US are lost to Indian and other South Asian nations. Its just not about the menial jobs like attending to americans lost baggage at the airport terminal, nor help the morons fix there computer passwords. Or help them with there credit accounts. More sophisticated and challenging jobs are outsourced like reading medical transcription but medical practitioners, verifying clients accounts, even law firms outsource there jobs to benign law practitioners here back in India. Clearly the type of jobs that can be outsourced is limited only by the ideas germinating in the individual mind. We might argue obviously you cant outsource my requirement for the stew, but surely when you place order for your pizza, the entire order, cash transaction yours feedback which in turn will improve quality of the product can be outsourced. The power of outsourcing is derived from the easy connectivity between the continents using high bandwidth fibre optic cables, cheaply available computers and custom built software application, and moreover most important increasing English speaking Computer graduates from the country.
Is increasing BPO job opportunity a good sign for our economy, I do really feel the same. Take for example, our specialist get an opportunity to study and exercise there expertise on application which are global in there perspective, without even the need for travelling to this countries. After all what's required is the data at your finger tips, which Ur Internet provides at high speed. Rather it's a loss for the american countries, which try to outsource there job, to other part of the globe, just in order to save penny to pay there employee and time. But this in the long run will surely dent there economy as majority of the service industry related jobs are outsourced, leaving only menial supply related jobs.But no doubt the managerial position will be owned still by them. As a result the entire middle class economy for the americans will surely have run for there income. On the other hand this will help us improve upon our own middle class economy. Understanding the economical fabrics running in the BPO industry is still elementary for Physicist like me. Nevertheless I'm sure BPO do have a bright future for growing Indian graduates.
I'm not taking into account the risk related factor, such as security involvement as you come to know about Individual credits realted information. Or a Firms internal working, as this problem can be overcome with better tracking mechanism.
But for sure our TRYST with Bright Future surely seems to be at a close junction.


04 November 2006

Environmental Suicide: Global Warming.

As the world north and south leaders prepare to meet at nairobi for a next round of environmental meet. Where the impeding important issue of global warming will be seriously taken up. Despite the Kyoto protocol that was duly obliged by most of the developed and developing nation in order to cut down on green house gas emission. It was the culprit US and Australia that didn't abide the rules and norms that were accepted in the meet.
The famous economist Sir Nicholas Stern has recently published a review article suggesting global warming could have adverse effect by shrinking the world economy by 20%. But report suggest by taking appropriate action NOW we could be spending only 1% of worlds GDP. The 700 pages report shows scientific evidence of global warming and the disastrous consequence. In this line even the US vice president Al Gore came out with a documentary entitled "An Inconvenient Truth" warning regarding global warming which became a huge hit ever since was it was released on may 2006.
What has to accepted presently is that its the ruthless exploitation by the developed nations that has landed the entire mankind at the door of serious matter of global warming.Even though there are claims by few geoscientist that climate change can be attributed to cosmic radiation fluctuation coming from sun. Though no substantial proof is available from the Intergovernmental Panel of Climate Change(IPCC).
A bit of scientific evidence to strengthen these claims. The planet temperature is constantly changing, but the natural fluctuation is temperature is preceded with man intervention in nature's activity by large scale deforestation and increase green-house gas emission such as Carbon dioxide, Methane and Nitrous Oxide from industries. The very fact that CO2 concentration in atmosphere has increased by 30% in just 200 years. This sole is responsible for increase in earth temp by 2 degree. And with same rate of gas emission temp might increase by 6 degree by end of 2100, as a result there is going to be severe melting of ice caps in artic and Antarctic regions causing to increase sea level by 7 meters. This is sufficient to submerge most of the coastal region of most nations as well as many islands.
Most of the developed nations might have the infrastructure to handle such devastation impact, but the visibly suffered nations will be developing and the Third world countries. There are several programs initiated world-wide to drastically cut down green-house gas emission by large scale industries. But what is important to know is these industries are running engines, any attempt to disrupt there working will adversely affect global economy. But at the grass root level its important that at each individual make sincere effort to minimize the usage of electricity consumption. There was interesting activity taken by Britishers in the last month wherein by they monitored the electricity consumption over entire week, and could take remedial step to cut down on electricity that wasn't required. Well though it looks a minimal effort, its drop that fills up the entire ocean. Similar exercise could be initiated in the small offices and industries, which will go a long way in saving many units electricity, thereby reduce the need for large scale energy production.
This problem needs a lot of attention not only concerned scientist but by politician to reinforce the need the take remedial action by the respective government to take every possible action to cut down on gas emission and make it better place for us to live.
I cant resist quoting famous lines from Miachel Jackson songs, "
Make it a better place, for you and for me and the entire human race........"