Sunday, 17 May 2020

Seize this Opportunity : FAST




Context :



Extract :

Ø  India’s information technology sector is seeking revisions in the country’s taxation and labour laws as over half the workforce in the $191 billion industry could begin to deliver services remotely as part of the changes being wrought by the ongoing pandemic.


At a meeting with government officials earlier this month, 
IT industry leaders, who estimated that close to 50% of the country’s 4.3 million IT workers will soon work from home, were asked to detail the legislative changes required to facilitate this significant transition.


Ø  The industry has also requested the government to make permanent several recent concessions extended until July, including relaxation of telecom regulations that allow back-office companies to work from home and move equipment out from designated special economic zones to facilitate remote working.



Ø  India’s IT industry contributes 8% to the country’s gross domestic product and has a 46% share in the country’s services exports, the lobby said in February.



Ø  The country’s software exports stood at $147 billion in fiscal year 2020.



Ø  Since the lockdown in March, India’s IT industry has moved nearly 90% of its workforce to deliver services from home 



Ø  The successful transition is now prompting large-scale shifts in work models across the industry, with India’s largest IT services firm Tata Consultancy Services (TCS) looking at 75% of its workforce working remotely by 2025.



Ø  CP Gurnani, CEO of Tech Mahindra, said that in the first phase, the company may start “with 25% employees” working from home. “Most organisations will break away from large campuses to distributed centres. Work from home doesn’t mean work from home forever. There will be a Friday meeting, etc. But instead of my campus being 10,000 people in one place, it can be 500 people in a smaller town.”



Ø  “If the government wants to fast forward this from five years to say 2-3 years, it will have to quickly enable a long-term policy regime for it,” he said { Nasscom’s Aggarwal }


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Dear Friends,


Ø  Mr. Amit Aggarwal- IT-ITeS Sector Skill Council, aaggarwal@nasscom.in

Ø  Shri U B Pravin Rao – COO , Infosys  /  Pravin.rao@infosys.com


Ø  Shri Ashish Aggarwal – Head Publicity , NASSCOM  /  ashish@gmail.com

Ø  Shri C P Gurnani – CEO , Tech Mahindra  /  cp.gurnani@techmahindra.com


Ø  Shri Vijaykumar – CEO , HCL Technologies  /  vijay@hcl.com 


As per above-mentioned news-report

,
Nasscom is reviewing labour laws from WFH perspective and will submit a report next week.



While preparing that report, I urge you to consider the suggestions listed under the links



With regards,


Hemen Parekh




18  May  2020

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