But fun was yet to come.
There was almost no evidence to show a significant horizontal diffusion of IT into other sectors such as manufacturing, C.P.Chandrasekhar, Professor, Centre for Economic Studies and Planning, Jawaharlal Nehru University, said. The sector had grown rapidly due to an expansion in exports. Though IT could make a significant difference to economy-wide growth and welfare, its contribution to employment generation did not match up to its export potential.
India had become a significant importer of both hardware and packaged software which affected domestic markets. Though IT's contribution to the country's balance of payment was substantial, the sustainability of export boom was questionable as it had not had a significant impact on the population, he added.
I don't have any research data that the JNU professor seems to have regarding diffusion of IT in manufacturing. But I have worked in a manufacturing unit, and have many friends who are in manufacturing sector and the empirical evidence is clear that IT has diffused much more into manufacturing sector than what the professor seems to imply. Even small units (about Rs. 20 cr turnover) have some sort of ERP package to improve their efficiencies.
And what was that about employment generation not matching export potential? Didn't we read last month that TCS, Infosys and Wipro are the top three largest private sector employers in India?
The last sentence, "sustainability of the expert boom is questionable as it has not had any significant impact on population" is equally questionable. What is the relationship between sustainability of export boom and impact on population? Beats me.
It is probably this kind of questioning by lay men that is causing jitters to institutionalised media.