Do you think outsourcing is good for India ? Why are developed countries opposing it?

As a form of business activity, outsourcing has intensified by the growth of fast modes of communications and particularly information technology. Many of the services such as voice based business processes like record keeping, banking services etc. are being outsourced by companies in developed countries to India. Most of the multi-national corporationsare outsourcing their services to India, where they can be performed at a cheaper cost with reasonable degree of skill and accuracy. India where wages are low and skilled workers are plentiful is able to take advantage of the competitiveness of her manpower.

The developed countries are opposing it because due to outsourcing the unemployment is increasing in those cuntries where the wage rates are higher. India is gaining in it. Several lakhs young people have got employment in call centres.