The Hindu
The outsourcing policy of the future government of the United States will not make an impact on the country’s software sector, since Indian software industry is not wholly dependent on exports, former President A.P.J. Abdul Kalam said on Sunday.
Addressing ‘Young Minds-Shaping Future India,’ an event organised by the Confederation of Indian Industry at St. Joseph’s College here, he said that of the $70 billion worth of software products created in India, products worth $40 billion were exported, and the rest was used in India. For a country of more than one billion population, physical, electronic and knowledge connectivity had to be provided to six lakh villages for creating prosperity, he said, answering a question posed by a student.
Responding to another question, Kalam said poverty eradication could help to address the problem of extremism. Economic growth would bridge the disparity among different sections.
As for the Indo-U.S. nuclear deal, he said it would help India, which was in need of uranium for running its nuclear plants. Tapping the abundant thorium deposits in the country would take a decade.
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