Why would anyone see this as protectionist: http://economictimes.indiatimes.com/tech/ites/us-bill-on-outsourcing-cause-of-concern-india/articleshow/11205753.cms
Federal government of US shouldn’t have to help companies that outsource! The bill is about denying eligibility for grants and guaranteed loans from “federal government”, this doesn’t look bad for free trade. And we at India just can’t talk about free trade, Indian trade laws are full of protectionism. I think protectionism is needed in the current political scenario – US government need to worry about unemployment as much as we need to worry about future of our home-grown industry and the extent of unemployment in the absence of it.
(Free trade is an excellent concept – meritocratic, but we are not ready for it!)
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