Tuesday, November 23, 2010

Ban on Software Companies



In United States of America (USA) as per the recent Executive Order by Governor of Ohio, no public funds should be spent on services provided off-shore (outside the United States).

The move against off-shoring is a concern to India, however, as per National Association of Software Services Company (NASSCOM) Indian IT industry do not foresee any significant impact as a result of this order since Federally funded projects represent a small fraction in the overall demand for off-shored services.

As per the inputs made available by the Ministry of Commerce & Industry, Department of Commerce, India’s concerns have been taken up with the US side in the India-US Trade Policy Forum as well as in other Bi-lateral engagements with the US side.

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