The current development of the
global economy means that the 173 countries of the world will share a single
market place. Demand and supply will respond to the compulsions of global
competitiveness. Every country is eyeing the one billion strong Indian market
and its fabled 250 million middle class. No company can escape the
restructuring and blood-letting, the downsizing rampant today. The possibility
of the pink slip stares every executive in the face.
It is being slowly realised that
economic prosperity can lead to poverty in the quality of life and health. Is
India gradually becoming a global back office with uninteresting, boring,
repetitive jobs being dumped on us? The joy of craftsmanship is being replaced
by the monotony of the assembly line.
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