Job Stress in Information Technology Sector Due to Recession
The information technology - IT as it is more famously know plays an important role in our Indian economy and today’s commercial world. The ongoing recession has left its impact on the IT industry we have discussed this in our project. The IT sector was always stressful and the recession has left it more so with overseas IT workers returning home for employment.
Though recession has not affected the Indian economy the way it has other countries like USA & UK it has left its imprint. It does remain a sector with tremendous opportunities and many young guns seeking it. We have included various case studies on the same to help better understand the IT scenario.
INTRODUCTION
Information Technology, India
Formative years
The Indian Government acquired the EVS EM computers from the Soviet Union, which were used in large companies and research laboratories. Tata Consultancy Services—established in 1968 by the Tata Group—were the country 's largest software producers during the 1960s. As an outcome of the various policies of Jawaharlal Nehru (office: 15 August 1947 – 27 May 1964) the economically beleaguered country was able to build a large scientific workforce, second in numbers only to that of the United States of America and the Soviet Union. On 18 August 1951 the minister of education Maulana Abul Kalam Azad, inaugurated the Indian Institute of Technology at Kharagpur in West Bengal.
Possibly modeled after the Massachusetts Institute of Technology these institutions were conceived by a 22 member committee of scholars and entrepreneurs under the chairmanship of N. R. Sarkar.
Relaxed immigration laws in the United States of America (1965) attracted a number of skilled Indian professionals aiming for research. By 1960 as many as 10,000 Indians were estimated to have settled in the US. The reason for this immigration was rooted in India producing more engineers through its education system—expanded during the
Though recession has not affected the Indian economy the way it has other countries like USA & UK it has left its imprint. It does remain a sector with tremendous opportunities and many young guns seeking it. We have included various case studies on the same to help better understand the IT scenario.
INTRODUCTION
Information Technology, India
Formative years
The Indian Government acquired the EVS EM computers from the Soviet Union, which were used in large companies and research laboratories. Tata Consultancy Services—established in 1968 by the Tata Group—were the country 's largest software producers during the 1960s. As an outcome of the various policies of Jawaharlal Nehru (office: 15 August 1947 – 27 May 1964) the economically beleaguered country was able to build a large scientific workforce, second in numbers only to that of the United States of America and the Soviet Union. On 18 August 1951 the minister of education Maulana Abul Kalam Azad, inaugurated the Indian Institute of Technology at Kharagpur in West Bengal.
Possibly modeled after the Massachusetts Institute of Technology these institutions were conceived by a 22 member committee of scholars and entrepreneurs under the chairmanship of N. R. Sarkar.
Relaxed immigration laws in the United States of America (1965) attracted a number of skilled Indian professionals aiming for research. By 1960 as many as 10,000 Indians were estimated to have settled in the US. The reason for this immigration was rooted in India producing more engineers through its education system—expanded during the
Bibliography: ➢ www.google.com ➢ www.wikipedia.com ➢ Indian I.T. Encyclopedia ➢ www.reuters.com ➢ http://nextgenwebsols.blogspot.com/2009/04/recession-tolls-heavy-on-infosys-as-it.html ➢ http://finance.yahoo.com ----------------------- PREFACE ----------------------- 15