Wednesday, March 31, 2010

 

No social security benefits for Indian companies: Pilot

From The Hindu

Indian companies operating in the United States make “contributions to social security that they never see at any point,” Sachin Pilot, Minister of State for Communications and Information Technology, said here on Tuesday.

Emphasising the contribution of Indian companies to the U.S. economy at a time of serious unemployment, Mr. Pilot said, “It will be the endeavour of Indian companies to have more job opportunities for U.S. citizens here… It will be in both our interests to solve this [unemployment] problem.”

Speaking at a gathering of business leaders on Tuesday Mr. Pilot said that many Indian companies, especially in IT, that have “set up shop here, are employing a lot of Americans and are more American than Indian.”

At the event, hosted by the U.S.-India Business Council, Mr. Pilot also described the opportunities that India presented in the field of IT not only for both services and manufacturing. He further touched upon the Indian government’s initiatives to provide broadband connectivity to villages in India so as to improve rural populations’ access to healthcare, education and other services.

During his visit to the U.S. the Minister also met with senior officials in the White House and in the U.S. Department of Commerce to discuss ways to take the India-U.S. economic and technological collaboration forward. Areas of discussion included healthcare, cyber security and cyber terrorism.

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