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Ignoring Indian talent China’s mistake

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Ignoring Indian talent China _ live

Beijing, 24 Feb 2017 : Ignoring Indian talent and attaching too much importance to the workforce from the US and Europe is China’s mistake, a Chinese daily said on Friday.

However, the editorial in Global Times caustically said it was way cheaper to hire Indians as “the cost of employing an Indian engineer is just half the cost of hiring a Chinese worker”.

The paper said wooing high-tech talent from India would help China in innovation.

“China has perhaps not been working hard enough to attract science and technology talent from India to work in the country,” it said.

“Over the past few years, China witnessed an unprecedented boom in tech jobs as the country became an attractive destination for foreign research and development centres.

“China has made the mistake of ignoring Indian talent, and instead has attached a greater importance to talent coming from the US and Europe.”

Citing some reports, the paper said: “The cost of employing an Indian engineer is just half the cost of hiring a Chinese worker, which means Indians could see their revenue more than double if they came to work in China.

“However, now some high-tech firms are turning their attention from China to India due to the latter’s relatively low labour costs. Attracting high-tech talent from India could be one of China’s options for maintaining its innovation ability.”

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It cited how an American software firm had shut its research and development team of 300 people unit and set up a unit in India with some 2,000 professionals.

“With a sufficient young talent pool, India is becoming increasingly attractive.

“China cannot afford to risk a decline in its attractiveness for high-tech investors. The nation is among the third echelon in cutting-edge technology fields and is working to catch up with the US and the result of its efforts will decide whether China will maintain its status as an emerging global economic power.”

It said China’s talent pool was not large and flexible enough to meet demand for the rapid expansion of innovation capability.

“Some enterprises in Guizhou province provide convenience for Indian talent in terms of housing, insurance and transportation who could enjoy a much better standard of living in (China) than in Bangalore.”

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PDP chief Mehbooba Mufti released from detention after 14 months

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Jammu, 13 Oct : Former Jammu and Kashmir chief minister and Peoples Democratic Party (PDP) leader Mehbooba Mufti was on Tuesday released from detention. “PDP chief Mehbooba Mufti is being released from detention,” said Jammu and Kashmir administration spokesperson Rohit Kansal.

A government order issued on Tuesday night said her detention was being revoked with immediate effect.

The Jammu and Kashmir administration in July had extended her detention by three months under the stringent Public Safety Act (PSA).

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Cinemas, theatres, multiplexes to open with up to 50% seating capacity from Oct 15

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Swimming pools for training of sportspersons to open with SOP from Oct 15

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SAD breaks alliance with BJP Leaves NDA in protest against farmers ordinance

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Chandigarh, 26 Sep : The Shiromani Akali Dal (SAD) has severed its alliance with the BJP. The Akali Dal had a 22-year-old alliance with the BJP.

The decision was taken after a meeting of the Akali Dal’s Kaur Committee which lasted for more than four hours today. Mr. Sukhbir Singh Badal addressed the press after the meeting and announced that he would no longer be a part of BJP-NDA.

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