| The US suffers an unemployment rate of 9.9% which | | | | paper records into electronic and digital formats? |
| has triggered a need for several amendments in US | | | | Hence, Indians grew optimistic and had already |
| policies towards Outsourcing and the companies that | | | | secured contracts with major health care providers to |
| outsource jobs to India. Among those who outsource | | | | provide services. The Health care Bill is expected to |
| vastly are the giant US conglomerate GE (General | | | | bring employment to Indians for the next 10 years. |
| Electric Company) and IBM (International Business | | | | On the other hand, 'American Jobs and Closing Tax |
| Machines). | | | | Loopholes Act' was passed in the House of |
| Recently, the health care bill passed in the US led to 35 | | | | Representatives recently which was supposed to |
| million Americans being given fresh health insurance | | | | exempt companies from certain taxes if they |
| cover. As the Bill was passed on March 23 and was | | | | generate more number of employment within the US. |
| made a law on March 30, Companies in India had | | | | Citigroup, IBM and GE have been the major gainers |
| turned hugely optimistic over the imminent revenue | | | | from their Offshore Outsourcing activities creating |
| inflow that followed. Processes like enrollment, | | | | employment opportunities in India. |
| insurance claims, transactions and customer services | | | | However, predictions suggest that this is not going to |
| that followed were to provide employment | | | | affect outsourcing to India as the bill was aimed at |
| opportunities to India. | | | | increasing job opportunities within the US and was not |
| This was because Health care providers were forced | | | | intended to curb the profits made by these companies |
| to operate at lesser cost in providing healthcare | | | | from outsourcing their jobs to India. |
| services to Americans. Who will convert all those | | | | |