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Home -> Finance -> Full Story

Hue and cry over BPO a temporary hardship: US Senator
Saturday, January 10 2004 10:51 Hrs (IST)

Hyderabad: Terming as "temporary hardship" the hue and cry over business process outsourcing (BPO), US Senator John Cornyn and Congressman Joseph Crowley said the Indo-US efforts should be focussed on free trade and encouraging global economy.

"There has to be a give and take approach... Outsourcing has added to the competitive edge by uplifting standards in India and made US companies efficient and competitive," Crowley, co-chair of Congressional Caucus on India and Indian Americans, said while addressing the CII (Confederation of Indian Industry) Partnership Summit.

Participating in a plenary session on "India and the US: At a New Crossroads", he said the political rhetoric on outsourcing was bound to increase in the US in this election year.

"There are those who are protectionists and there are some of us who believe in global economy to flourish," Crowley said.

Senator John Cornyn, seeking to put the issue in perspective, said, "Dislocation (in jobs) comes with globalisation but we believe in free trade."

PTI