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Rediff.com  » Business » 'US lawmakers coming to terms with BPO'

'US lawmakers coming to terms with BPO'

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June 03, 2004 16:13 IST

The United States lawmakers are gradually coming to terms with the issue of outsourcing, realising it was an irreversible global process, Economic Minister-Counselor of the US Embassy in India, Lee Brudvig, said on Thursday.

"There is an increasing understanding among the lawmakers in the US that outsourcing was a global and irreversible process. In recent times, seven out of eight anti-outsourcing bills were withdrawn," Brudvig said during an interaction with the members of the Indian Chamber of Commerce in Kolkata.

The anti-outsourcing bills were introduced as 'Hero Bills' that sought to make heroes out of their authors, he said, adding, there was 'tremendous pressure' from the corporate US in having the bills withdrawn.

''The demand cannot be ignored, especially in the times of corporate funding of election campaign,'' he said.

According to Brudvig, the US wanted to support India's economic liberalisation process, bring in private sector funding for infrastructure, expand public-private partnership, help promote rural and small business development and give technical support for financial market modernisation.
 
''We want this because it is good for India and good for the US-India economic relations and regional stability in the medium-term. We want to work with Indian partners to help channel resources to medium-sized and micro enterprises,'' Brudvig said.

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