1 Tough year foreseen for India IT (Dhanya Ann
Thoppil in The Wall Street Journal) India’s software
exporters are bracing for yet another tough year, with economic uncertainty in
their main outsourcing markets of the US and Europe refusing to go away. “We
are likely to see some economic tightening in the U.S. due to higher taxes and
spending cuts, which will result in tightening of budgets for many IT
departments, especially in the public sector,” says Phil Fersht, chief
executive of HfS Research, a US-based firm that offers research and analysis
services.
This
is adding to fears that 2012′s challenges for Indian software companies will
roll into 2013. Last year began well for India ’s outsourcing companies, with
most sounding optimistic about their growth prospects. But as the year
progressed, several companies cut their outlooks because of the economic
problems in the US and
Europe, currency volatility, and policy paralysis in India .
The
India National Association of Software and Services Companies — an industry
group — has trimmed its export growth forecast for this fiscal year through
March to 9%-12% from 11%-14%. India ’s
top two outsourcing companies scaled back their financial outlooks as well,
citing shrinking technology spending. Peter Schumacher, president and chief
executive of Germany-based management consulting firm Value Leadership Group
Inc., says the demand environment in 2013 will likely “remain tense,”
especially during the first six months of the year.
For Indian service providers,
an additional headwind could be a likely increase in the value of the rupee
against the US dollar. Most outsourcing companies convert all their foreign
revenue first into dollars and then into rupees. A strong local currency
squeezes revenue when converting overseas takings into rupees.
2 Ending the rape culture (Naomi Wolf in Khaleej
Times) The crime seems
incomprehensible. A 23-year-old physiotherapy student is dead, 12 days after
having been raped for more than an hour by six men in a bus traveling on main
roads in the Indian capital, New Delhi .
Her internal injuries from the iron rod that
her attackers used were so severe that doctors had to remove her intestines in
their effort to save her life.
The deeper truth
underlying the protests following the Delhi
incident can be found on blogs, where young Indian men and women bemoan the
fact that travel guidebooks routinely warn women about pervasive sexual
harassment in India ,
and advise them to move around in groups. A “male-cosseting culture,” as one
blogger put it, in turn supports a rape culture.
The connection between
rape, male privilege, and female sexual vilification was one of the key
insights of feminists in the 1970’s – an insight that they thought had been
successfully applied to cultural debate about rape, and to law. Women and men
who support freedom of movement and safety from sex crimes are being forced to
refight that battle. One hopes that the protests in India will inspire the West to
emulate the protesters’ lack of complacency.
In the developing world,
women are in special jeopardy. Their embrace of autonomy and mobility risks
putting them in conflict with a law-enforcement establishment and media that
still view women through a pre-feminist lens: “good girls” who stay at home
should not be raped, while “bad girls” who stake a claim to public space are
fair game.
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