Management practices-The case of global india Research Paper

Management practices-The case of global india - Research Paper Example The paper has examined the role of leaders in the Indian context and has also discussed a few case studies of some leading Indian companies. The findings are presented as a set of conclusions and reveal the gist of how Indian firms are successful and also certain disadvantages they have. The Indian economy has seen a contraction and for February, there was an overall contraction of –1.2% in the GDP for all overall economy. However, it has to be noted that the six core sectors had a growth of 2.2%. It must be reiterated that the Indian economy in the previous months for the 2008 had shown a growth of 7%. Inflation for February 2009 was at a rate of 3.45% and this actually went into a negative inflation of 1.27% in June 2009. The inflation has now climbed back to 1.2%. The fall in GDP has to be seen with the global perspective where the GDP of US, UK and Euro nations went into a recession in the later months of 2007 itself. When compared to these developed economies, the Indian economy has proved much more resilient. While there has been a certain of belt tightening in various industries and sectors, the banking sector has remained strong with no major failures of banks. Even the insurance and automotive sectors have not seen large-scale bankruptcies, job losse s and even frauds. There was one major fraud in the Indian IT industry with Satyam computers, but overall, the Indian industry has not seen frauds and disgraceful exits (FICCI, 2009). The main reason for the Indian economy to be so strong and resilient is that the core sectors have withstood the stresses of the economic recession. While exports form a major source of revenues for the IT industries, the other industries have sufficient internal demand and infrastructure industries such as steel, cement, construction have seen reductions in off take, but not a total closure. As seen in the above table, electricity, capital goods and

Brain Drain from India to the UK Outline Example | Topics and Well Written Essays - 500 words

Brain Drain from India to the UK - Outline Example I cannot fully agree with the negative perspective concerning the brain drain, as one should consider the benefits of labor emigration to the country itself. Relocation of both gifted and incompetent specialists from India has been occurring subsequent to the nineteenth century. In the mid-1800s, after the nullification of subjugation, the British delivered Indian workers to its provinces to work in manors (Upadhya, 2013). Streams to the UK topped in 1968 when confinements were at last situated setup. The numbers diminished from the top of 23,000 for every year to 5000 for each year (Raveesh, 2013). Truly, Indians left because of better financial open door abroad. This is most likely still one of the fundamental reasons why Indians leave today. However, numerous variables add to the Indian departure. Understanding these elements will help policymakers enhance conditions to urge Indians to return or to stay in any case. A number of medical understudies in India select to study abroad due to increasing expenses and constrained limit at their open organizations (Raveesh, 2013). The therapeutic cerebrum deplete in India not just decreases the number of specialists accessible for consideration, however, it likewise evacuates the individuals expected to push for health awareness changes (Hawkes, Kolenko, Shockness & Diwaker, 2009). Indian understudies traveling to another country for their higher studies costs India a remote trade outpouring of $10 billion yearly (Prakash, 2012). A great many Indian researchers, specialists, engineers and other qualified persons have moved and are staying in different nations. In total terms, India is among the nations, which lose most exceptionally talented laborers to outside business sectors (Prakash, 2012).