 "“Indians do not steal jobs, but rather create new jobs. Indian IT companies have created as many 400,000 jobs abroad and have given $20 billion in taxes, said Ravi Shankar Prasad Union Information Technology (IT) Minister")
Union Information Technology (IT) Minister Ravi Shankar Prasad on Tuesday said numbers of job cuts in the sector reported by the media were highly exaggerated.
“The government is also keeping a close watch over… the IT industry and in next few days, the IT secretary is likely to meet industry leaders over the issue,” said the minister.
The sector is, at present, driven primarily by IT-enabled services, which contribute about $150 billion annually. However, with US President Donald Trump pushing for more protectionist measures and most clients shifting to digital, IT services majors in the country have taken a hit in recent
